International Business Times

Currency Pairs Forecast

EUR/CHF on a Bullish Breakout Targeting 1.3130 and 1.3280

- Since the last look at EUR/CHF the market did indeed complete an (a) wave and then a (b) wave, and is likely now on a (c) wave. - Note the RSI breaking above 60, invaliding bearish momentum, reflecting possible sideways action. - If there is wave equality, we can have 2 targets, 1.3130 as the conservative and 1.3280 as a more aggressive one.

By Fan Yang | Mar 26, 2011 | FX Times

Forex - EUR/CHF Technical Analysis (Euro / Swiss Franc)

The pair EUR/CHF validated yesterday a breakout of its bearish slant. The pair is currently testing the next resistance at 1.29. All indicators are bullish. We maintain to trade only long positions as far as 1.2850 is support. The breakout of 1.29 will give a new buy signal. The next resistance is at 1.30.

Mar 25, 2011 | Forextribe

Autochartist - Daily Forex Update: GBP/CHF

GBP/CHF has recently reached the Forecast Area calculated by Autochartist for the earlier Breakout of the high Quality Rising Wedge chart pattern on the daily charts.

By Dima Chernovolov | Mar 25, 2011 | Autochartist

Forex - EUR/CHF Technical Analysis (Euro / Swiss Franc)

The pair EUR/CHF continues to move below its bearish slant but just fake a breakout of 1.28. Indicators are globaly bullish. We now advise to trade the pair according to the key level at 1.28: - Long above this level. The breakout of 1.29 will give a new buy signal - Short below this leve. The breakout of 1.27 will give a new sell signal.

Mar 24, 2011 | Forextribe

Forex Technical Update 3/21/2011 - AUD/USD, USD/CHF, NZD/USD, GBP/JPY, EUR/GBP, GBP/CHF

Let's take look at some interesting technical developments and questions. Has AUD/USD completed a corrective decline? What about the NZD/USD? GBP/JPY is in a sharp reversal, but will it be a true reversal into a bullish continuation? Has the GBP/CHF turned into a correction in the medium term o...

By Fan Yang | Mar 22, 2011 | FX Times

Autochartist - Daily Forex Update: USD/DKK

USD/DKK has just completed the high Quality Falling Wedge chart pattern on the daily charts. Autochartist measures the Quality of this chart pattern at the 7 bar level as a consequence of the following values of the Quality indicators: average Initial Trend (measured at the 5 bar level), high Unifor...

By Dima Chernovolov | Mar 21, 2011 | Autochartist

Forex - EUR/CHF Technical Analysis (Euro / Swiss Franc)

The pair EUR/CHF just validated a return above 1.27 after a rebound on the support at 1.25. Indicators stay globaly bearish. We stay neutral on the pair between 1.27 and 1.28. We advise to wait an exit of this range to take position: - Long if 1.28 is broken. The breakout of 1.29 will give a new buy signal - Short if 1.27 is broken. The breakout of 1.26 will give a new sell signal.

Mar 18, 2011 | Forextribe

Forex - EUR/CHF Technical Analysis (Euro / Swiss Franc)

The pair EUR/CHF started a strong bearish rallye, breaking all supports at 1.28/1.27/1.26. The pair just found support on 1.25 after a lowest just above 1.24. All indicators are bearish. We maintain to trade only short positions as far as the price is above 1.2650. The breakout of 1.25 and 1.24 will both give a new sell signal.

Mar 17, 2011 | Forextribe

Forex - EUR/CHF Technical Analysis (Euro / Swiss Franc)

The pair EUR/CHF just faked a breakout of the support at 1.28. All indicators are bearish. We maintain to trade the pair according to 1.29: - Long above 1.29. The breakout of 1.30 will give a new buy signal - Short below 1.29. The breakotu of 1.28 will give a new sell signal.

Mar 16, 2011 | Forextribe

Autochartist - Daily Forex Update: EUR/NZD

Autochartist has recently identified the high Clarity Up Channel chart pattern on the daily EUR/NZD charts. The Quality of this chart pattern is measured at the 5 bar level which is the result of the following values of the Quality Indicators: low Initial Trend (rated at the 1 bar level), average Un...

By Dima Chernovolov | Mar 16, 2011 | Autochartist

Forex - EUR/CHF Technical Analysis (Euro / Swiss Franc)

The pair EUR/CHF just validated a return above 1.29. Indicators are mitigated. We maintain to trade the pair according to 1.29: - Long above 1.29. The breakout of 1.30 will give a new buy signal - Short below 1.29. The breakotu of 1.28 will give a new sell signal.

Mar 14, 2011 | Forextribe

Autochartist - Daily Forex Update: USD/NOK

USD/NOK is continuing the prevailing down-trend inside the high Quality Down Channel chart pattern on the daily charts. Autochartist rates the Quality of this chart pattern at the 7 bar level, as a consequence of the strong values of all the Quality indicators: 6-bar Initial Trend, 7-bar Uniformity and 8-bar Clarity.

By Dima Chernovolov | Mar 14, 2011 | Autochartist

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