USDCHF stays in a falling price channel on 4-hour chart and remains in downtrend, and the bounce from 0.9932 is more likely consolidation of downtrend. Range trading between 0.9932 and 1.0277 would is expected in a couple of day. As long as 1.0277 key resistance holds, another fall to 0.9700 is still possible after consolidation. However, a break above 1.0277 will indicate that the fall from 1.
Sep 20, 2010 | Forex Cycle
USDCHF formed a cycle bottom at 0.9932 level on 4-hour chart and the bounce extended to as high as 1.0170 level. Further rally is still possible later today and target would be at 1.0277 key resistance, a break above this level will suggest that the fall from 1.1730 (Jun 1 high) has completed at 0.9932 already, then the following upward movement could bring price to 1.1000 area.
Sep 17, 2010 | Forex Cycle
Swiss Franc drops sharply against Euro and dollar after SNB left rates unchanged and lowered its inflation forecast.
Sep 17, 2010 | ActionForex
USDCHF Forecast The USDCHF continued its bearish pressure yesterday, bottomed at 0.9933 but rebounded higher earlier today in Asian session traded around 0.9995 at the time I wrote this comment. The bias remains bearish in nearest term but as you can see on my weekly chart below we seem to have a go...
By swibowo | Sep 15, 2010 | Fx Instructor
Technical analysis for major currencies with major support and resistance levels and recommendations for 13-09-2010
Sep 13, 2010 | ecPulse.com
USDCHF broke above the downtrend line from 1.0624 to 1.0450, suggesting lengthier consolidation of downtrend is underway. Range trading between 1.0060 and 1.0350 would more likely be seen in next several days. Key support is at 1.0060, a breakdown below this level will indicate that the downtrend from 1.1730 (Jun 1 high) has resumed, then deeper decline could be seen to 1.0000 area.
Sep 13, 2010 | Forex Cycle
Technical analysis for major currencies with major support and resistance levels and recommendations for 10-09-2010
Sep 10, 2010 | ecPulse.com
CURRENCY TRADING SUMMARY - 10th September (00:30 GMT) Written by Anthony Darvall U.S. Dollar Trading (USD) was slightly weaker on the back of small gains in US stocks and increasing demand for higher yielding assets. Weekly Jobless Claims beat expectations falling to 451k vs. 478k. July's Trade Bala.
By Tony Darvall | Sep 10, 2010 | Easy Forex
Technical analysis for major currencies with major support and resistance levels and recommendations for 09-09-2010
Sep 09, 2010 | ecPulse.com
Technical analysis for major currencies with major support and resistance levels and recommendations for 08-09-2010
Sep 08, 2010 | ecPulse.com
Technical analysis for major currencies with major support and resistance levels and recommendations for 07-09-2010
Sep 07, 2010 | ecPulse.com
CHFThe pre-planned short positions from key resistance range levels have been implemented with overlap of minimal anticipated targets. OsMA trend indicator, having marked preserved low level of both party activity, as earlier, does not clarify the choice of planning priorities for today.
Sep 07, 2010 | Forex Ltd