USD/CHF moves sideways trying to accumulate more upside energy, to attract more buyers, after passing beyond the downtrend line. If you remember from my previous analyses of this pair, USD/CHF should resume its upwards movement, growth, if it jumps above 0.8918 former high, static resistance.The...
USD/CHF has shown oversold signals lately buy is still premature to talk about a larger bullish reversal as long as the price is trading below 0.8919. The pair moves sideways in the short term and I really hope that today's US data could bring a clear direction.The price has developed a reversal...
Given that today is the last day of weekly trading, we will return to the consideration of the pound/dollar currency pair on Monday, taking into account the closing of the week. And today, let's look at the technical picture that is observed for another major currency pair USD/CHF, and let's start...
Let's take a look at the technical picture of EUR/GBP, AUD/USD, USD/CHF, Gold and USDX at the daily time frame chart before the key economic data from the US are released.The material has been provided by InstaForex Company - www.instaforex.com
USD/CHF has decreased to retest the 0.8866 former high and now it seems determined to approach and reach fresh new highs. I've told you in a previous analysis that the pair is expected to develop an upside movement after breaking above the downtrend line.The immediate target, obstacle, is seen at...
Let's take a look at the technical picture of USD/CHF, EUR/GBP and Crude Oil at the daily time frame chart. The material has been provided by InstaForex Company - www.instaforex.com
USD/CHF has tested the broken downtrend line and now is traded above the former high confirming the breakout and the upside reversal. I've told you in my previous analysis published last week that the price will register an important growth if it jumps above the 0.8866 previous high.The upside...
USD/CHF has finally managed to jump above the minor black downtrend line signaling that the downside movement could be over. The price slips lower at the time of writing and it could retest the broken downtrend line before resuming its rebound.Stabilizing above the downtrend line could announce a...
On the last day of weekly trading, I would like to pay attention to another major currency pair of the Forex market - the dollar/franc. For a clearer picture, let's start with the weekly timeframe.WeeklyAs can be seen on this chart, the USD/CHF pair is trading in a downward trend, however, in my...
Overview :
The USD/CHF pair is trading downtrend in the longest term between 0.8923 and 0.8600.
Immediate support is seen around 0.8780. Besides, a clear break below that area could lead the price to the neutral zone in the nearest term testing 0.8700 or lower around 0.8600 in order to form...
