The trend reversal seems now to be far away on the pair USD/CHF. The price has continued yesterday its bullish movement and made a return above 0.95. The pair is still stumbling on a bullish slant (purple line) but a new short term bullish slant (blue line) is now giving support.
Mar 28, 2013 | Forextribe
The trend reversal finaly not occurred on the pair USD/CHF. The head and shoulders pattern on the medium term has not been validated. The neck line at 0.9388 has allowed yesterday a strong rebound of the pair. The output of the neutral zone from the top 0.9388/0.9454 gave us a buy signal.
Mar 26, 2013 | Forextribe
Channel breakout: The USD/CHF had been consolidating around 0.93 for a few days as a rising channel challenged a larger falling channel. The 2/28 and 3/1 session so far has broken out of that consolidation, and even pushed above the 0.9381 resistance pivot. The RSI is tagging 70, a sign of bullish momentum.
By Fan Yang | Mar 02, 2013 | FX Times
The pair USD/CHF got over the resistance at 0.9328 yesterday. This level has stopped the progression of the bullish movement for several days. A new buy signal has been given. The price is now close to the major resistance at 0. A test of this level could led to a pullback towards the support at 0.9328.
Mar 02, 2013 | Forextribe
Since September 11th when USD/CHF had broken below the support of 200-day moving average, the earlier support has been proving to be a strong resistance.
By Himanshu | Feb 22, 2013 | ForexAbode
AUD/USD today reached the target level that was set for this currency pair in the following trade opportunity alert that I received yesterday through Autochartist's email subscription. The pair started the day on a strongly bearish note - continuing the previous sharp downward impulse from the long-term resistance at 1.0600. The downward pressure quickly brought the pair down to 1.
By Dima Chernovolov | Feb 07, 2013 | Autochartist
The Swiss Franc has not said its last word. the pair USD/CHF showed us this yesterday by a fall of 100 pips in the day. The price is currently testing the medium term major support at 0. In the short term, this bearish rally has resulted in an output of the downtrend channel from the bottom.
Feb 01, 2013 | Forextribe
The U.S. dollar has continued its downward trend against the Swiss Franc. The last break low at 0.9223 gave us the signal to sell. Currently, the price evolves just below this level. The pair entered into a short-term bearish channel (black lines).
Jan 31, 2013 | Forextribe
At the end of last week, the pair USD/CHF failed to continue its bullish movement and stumbled on the resistance at 0.9370. Since then, a correction is in place and appears in the form of a bearish slant in h1 (black line). The price made a low at 0.9223.
Jan 30, 2013 | Forextribe
The pair USD/CHF do not to continue its upward trend started since January 13th for the moment. The reluctance of the price is reflected in the short term by the appearance of a triangle of consolidation. Yesterday, the price made an output from the bottom of this triangle but a major short-term support (dotted green line) is at 0.9273 and is currently acting strongly.
Jan 24, 2013 | Forextribe
The daily bearish slant marked by LuDST worked perfectly and resulted in a new bearish wave on the pair USD/CHF who has broken the support at 0.9185, giving us the sell signal. A pullback on the the upper band as well on the resistance at 0.9185 is going to happen.
Jan 12, 2013 | Forextribe
The price has failed at the end of last week to extend its bullish movement following the output of its medium term bearish channel (purple lines) and has just completed a pullback on the upper limit. Given the bearish slant in daily, we are neutral on the pair USD/CHF between 0.9185 and 0.9250.
Jan 09, 2013 | Forextribe