International Business Times

USD/CHF Weekly Technical Analysis

usdchf weekly technical outlook

USD/CHF Weekly Outlook

USD/CHF's choppy recovery from 0.9547 continued last week and further rise could be seen initially this week. But after all, we'd still expect upside to be limited below 0.9970 resistance and bring fall resumption. Below 0.9670 will flip intraday bias back to the downside for 0.9547 and then 0.9462. However, break of 0.9970 will invalidate this view and indicate that rebound from 0.

Nov 13, 2010 | ActionForex

usdchf weekly technical outlook pattern outlook

Weekly Forex Update: USD/CHF

USD/CHF has recently resumed its long-term down trend visible on the daily chart patterns. The downtrend is developing within a clear-cut continuation price pattern Down Channel. Autochartist gives this pattern the highest Clarity reading of 10 bars.

By Dima Chernovolov | Nov 09, 2010 | Autochartist

usdchf weekly technical outlook

USD/CHF Weekly Outlook

USD/CHF dropped sharply after edging higher to 0.9970 last week. The development suggests that recovery from 0.9462 is finished after hitting 55 days EMA. Initial bias remains on the downside this week for a test on 0.9462 first. Break will confirm resumption of recent decline and should target 100% projection of 1.2296 to 0.9916 from 1.1729 at 0.9349 next. On the upside, above 0.

Nov 06, 2010 | ActionForex

USDCHF Daily Forecast: November 04

USDCHF Forecast The USDCHF continued its bearish momentum yesterday. As you can see on my h4 below price slipped below the bullish channel indicates a serious threat to the bullish outlook testing 0.9650 – 0.9600 support area. Immediate resistance at 0.9800. Break above that area would keep the bullish scenario intact testing 0.9877 – 0.

By swibowo | Nov 04, 2010 | Fx Instructor

usdchf weekly technical outlook

USD/CHF Weekly Outlook

USD/CHF's rebound from 0.9462 extended further to as high as 0.9803 last week. Considering bullish convergence condition in daily MACD, a short term bottom should be in place and strong rise is now is favor to 0.9932/1.0181 resistance zone in near term, with 55 days EMA (now at 0. On the downside, below 0.9571 will flip intraday bias back to the downside for retesting 0.9462.

Oct 23, 2010 | ActionForex

usdchf weekly technical outlook

USD/CHF Weekly Outlook

USD/CHF's decline extended further last week and reached as low as 0.9462 before making a temporary low there and recovered. Initial bias is neutral this week and some consolidations might be seen first. But short term outlook will remain bearish as long as 0.9727 resistance holds and recent decline is still expected to continue. Below 0.9462 will target 100% projection of 1.2296 to 0.

Oct 16, 2010 | ActionForex

usdchf weekly technical outlook

USD/CHF Weekly Outlook

USD/CHF dropped to as low as 0.9554 last week, breaking 2008 low of 0.9643 before turning sideway. Initial bias is neutral this week and some consolidations would be seen above 0.9554 first. But after all, upside should be limited below 0.9932 resistance and bring another fall. Below 0.9554 will target 100% projection of 1.2296 to 0.9916 from 1.1729 at 0.9349 next.

Oct 09, 2010 | ActionForex

Swiss Franc (CHF) Technical Major Currencies (2010-10-04)

Technical analysis for major currencies with major support and resistance levels and recommendations for 04-10-2010

Oct 04, 2010 | ecPulse.com

usdchf weekly technical outlook

USD/CHF Weekly Outlook

USD/CHF dropped further to as low as 0.9707 last week before making a temporary low there and turned sideway. Initial bias is neutral this week and some more consolidations could still be seen. But even in case of another rise, upside should be limited below 1.0108 resistance and bring fall resumption. Break of 0.9707 will target 0.9634 low next.

Oct 02, 2010 | ActionForex

usdchf weekly technical outlook

USD/CHF Weekly Outlook

USD/CHF's decline extended further to as low as 0.9779 last week, just inch above mentioned target of 61.8% projection of 1.1729 to 1.0330 from 1.0624 at 0.9759. Initial bias remains on the downside this week for further decline. Break of 0.9759 will target 0.9634 low next. On the upside above, 0.9898 minor resistance will suggest that a temporary low is formed and bring recovery.

Sep 25, 2010 | ActionForex

Swiss Franc (CHF) Technical Major Currencies (2010-09-20)

Technical analysis for major currencies with major support and resistance levels and recommendations for 20-09-2010

Sep 20, 2010 | ecPulse.com

USD/CHF Weekly Outlook

USD/CHF Weekly Outlook

USD/CHF edged lower to 0.9932 last week but recovered strongly ahead of 0.9916 support and reached as high as 1.0181 resistance. Since USD/CHF is still limited well below 1.0276 cluster resistance, there is no indication of trend reversal yet. Indeed, initial bias is cautiously on the downside this week as rebound from 0.9932 has possibly finished. USD/CHF might weaken towards 0.

Sep 18, 2010 | ActionForex

  • Our Partners
E-Newsletters

We value your privacy. Your email address will not be shared.