Overview: The USD/CHF pair continues to move upwards from the level of 1.0003. Today, the first support level is currently seen at 1.0003, the price is moving in a bullish channel now. Furthermore, the price has been set above the strong support at the level of 0.9982, which coincides with the...
USD has been badly hurt by dismal retail sales despite hawkish statements from some FED officials. The FED's optimism about the healthy domestic economy encouraged USD rally, thus taking the shine off CHF.Recently JP Morgan cut its estimate for the US economic growth. Experts do not assume the FED...
USD/CAD has been trading upwards. The price tested the level of $1.3272. Anyway, according to the H1 time – frame, I have found that price rejected from the important resistance level at 1.3265. I also found potential end of the upward correction and finished bearish flag pattern, which is a sign...
Overview: The USD/CHF pair continues to move upwards from the level of 1.0003. Today, the first support level is currently seen at 1.0003, the price is moving in a bullish channel now. Furthermore, the price has been set above the strong support at the level of 0.9982, which coincides with the...
The first candle of the current week has a range of 105 points, which indicates the implementation of the upward model, with the goal of 1/2 CZ of 1.0050-1.0040. If you take it into account, further developments will depend on whether the close of today's trading will be below the close of Friday....
USD has been the dominant currency in the pair while CHF struggled to maintain the bearish momentum after the price broke above 0.9850 with a daily close. The US FED has been pleased about the recent economic growth in the US that enabled USD to dominate CHF. Recently Switzerland's Foreign Currency...
Overview:The USD/CHF pair continues to move upwards from the level of 1.0003. Today, the first support level is currently seen at 1.0003, the price is moving in a bullish channel now. Furthermore, the price has been set above the strong support at the level of 0.9982, which coincides with the 50%...
Overview: The USD/CHF pair faced resistance at the level of 1.0031, while minor resistance is seen at 0.9987. Support is found at the levels of 0.9884 and 0.9819. Also, it should be noted that a daily pivot point has already set at the level of 0.9939. Equally important, the USD/CHF pair is still...
USD/CHF has been correcting and consolidating at the edge of 0.9950 area for a few days in a row from where a break above the area is expected to lead to further bullish momentum. Yesterday FOMC meeting ended with the dovish policy update. The US central bank maintained the Federal Funds rate...
Overview: The USD/CHF pair faced resistance at the level of 1.0031, while minor resistance is seen at 0.9987. Support is found at the levels of 0.9884 and 0.9819. Also, it should be noted that a daily pivot point has already set at the level of 0.9939. Equally important, the USD/CHF pair is still...
