International Business Times

USD/CHF Trading Strategy

Trading Ideas on GBP/USD, AUD/USD and USD/CHF

The pair as mentioned in the morning is weak and went down to make a low of 0.9665 which is trend line support on the daily charts. The break of 0.9665-60 can open doors for 0.9610, but the pair is bouncing back from 0.9665. However, it has descent resistance at 0.9700 which is holding well and till the time it hold we can expect the upside to be capped, 0.

Aug 08 | Kshitij Consultancy Service

Daily Trading Strategies on GBP/USD, AUD/USD and USD/CHF

Dollar-Swiss fell sharply in the final trading sessions after the US NFP data release on Friday last week and has closed just below 0.9700. The pair could be gearing up for a sharp corrective fall in the coming days. There is a Bear Head and Shoulder on the charts. 0.9730 and 0.

Aug 06 | Kshitij Consultancy Service

Trading Ideas on GBP/USD, AUD/USD and USD/CHF

The pair broke its support of 0.9850-30 and moved lower and seems set to test its Fibonacci support of 0.9735 on the daily charts. As of now the markets are waiting for the NFP data till which it can be expected to be below 0.9800 and not expected to move much. We got stopped out of our long position but we would be looking to go long again near 0.

Aug 03 | Kshitij Consultancy Service

Trading Ideas on GBP/USD, AUD/USD and USD/CHF

Nothing much happened in in the market during the day as everyone would be waiting for the outcome of the Fed meeting later today. With no signifcant movement seen our view on the market remains the same as in the Morning and we are repeating the same now as well.

Aug 01 | Kshitij Consultancy Service

Trading Ideas on GBP/USD, AUD/USD and USD/CHF

The Resistance at 0.9950 has held very well and the Dollar-Swiss fell sharply from the high of 0.9972 last week to close lower for the week. There is immediate Resistance in 0.9780-800 region and immediate Support at 0.9730. Failure to bounce back above 0.9800 will be bad for the pair as it can pull it further down to 0.9650-00 in the coming week. NOte that the 55-DMA Support is currently at 0.

Jul 30 | Kshitij Consultancy Service

Trading Ideas on GBP/USD, AUD/USD and USD/CHF

Dollar-Swiss is ranged between 0.9750-9800. Although the range Suport at 0.9750 is still holding, with lack of upside momentum to bounce back since the Asian session today, we see good chances of a break and fall below 0.9750 towards 0.9700-650 in the coming sessions. Remember, the bigger picuture is still bullish and we expect the overall uptrend to resume from the 0.9700-650 region.

Jul 19 | Kshitij Consultancy Service

Trading Ideas on GBP/USD, AUD/USD and USD/CHF

Dollar-Swiss has risen back above 0.9800. The Resistance in 0.9850-70 can be tested once again. A strong break above 0.9870 would be bullish and can take the pair further up towards 0.9950. On the other hand while 0.9850-70 Resistance region continues to hold, the is expected to remain pressured on the downside for a test of 0.9700-9650. The bigger picture is bullish and dips to 0.

Jul 18 | Kshitij Consultancy Service

Trading Ideas on GBP/USD, AUD/USD and USD/CHF

Dollar-Swiss is trading lower and flat in a narrow range of 0.9750 and 0.9785. With no significant move seen on either side during the day, our view remains the same. As per our weekly view, a test of 0.9700 looks likely now. We see chances of a bounce back from 0.9700. But he chances of the downmove extending further to 0.9650 needs to be seen. But we see less chances of a break below 0.

Jul 17 | Kshitij Consultancy Service

Trading Ideas on GBP/USD, AUD/USD and USD/CHF

Dollar-Swiss witnessed a break and rise above 0.9800 last week towards 0.9873 and has come off from there to close just below 0.9800 for the week. Although the overall picture remains bullish, last week's candle reflects indecisiveness. Having said this the pull back from last week's high can extend further to 0.9700 which is a significant Support level to be watched. Although 0.

Jul 16 | Kshitij Consultancy Service

Trading Ideas on GBP/USD, AUD/USD and USD/CHF

Dollar-Swiss remains flat in between 0.9737 and 0.9780. With no significant move seen on either side during the day, our view remains the same. The overall bullish view remains intact but the pair needs to see a strong break above 0.9800 to extend its upmove further to higher levels. While below 0.9800, the chance of a pull back to 0.9700-650 cannot be ruled out. Dips to 0.

Jul 10 | Kshitij Consultancy Service

Trading Ideas on GBP/USD, AUD/USD and USD/CHF

Dollar-Swiss has risen sharply breaking above its important Resistance at 0.9650 yesterday and is trading flat at 0.9700. With Resistance-turned-Support in 0.9670-50 region, the overall outlook remains bullish and we see good chances of further rise to 0.9750-70 in the coming sessions. Any sharp pull back can find good SUpport now in the broad 0.9650-00 region which could restrict the downside.

Jul 06 | Kshitij Consultancy Service

Trading Ideas on GBP/USD, AUD/USD and USD/CHF

Dollar-Swiss has risen sharply towards 0.9650 as we had expected. 0.9650-80 could an immediate Resistance region and if it holds there could be chances of seeing a pull back to 0.9600-580 in the coming sessions over today/tomorrow. On the other hand, if a strong rise past 0.9680 is seen, then we can see the Dollar-Swiss going up futher higer to 0.9750 levels.

Jul 05 | Kshitij Consultancy Service

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