International Business Times

USD/CHF Forecast

USD/CHF in the Middle of a Congestion Pattern

Recent price action in the USD/CHF suggests that the market has not picked a direction yet. It is held under a declining trendline since the 7/24 high at 0.9970. However, the trend in 2012 has been bullish, and we have a rising trendline since June's low at 0.9422. The daily chart shows the USD/CHF trading right in the middle.

By Fan Yang | Aug 15, 2012 | FX Times

USD/CHF Has a Swing Projection to 0.9620

As we begin a new week in the 8/5/2012 Asian session, the USD/CHF has cracked the 0.97 handle, and is sitting around here after dipping to 0.9655. There could be some correction in the near-term, but the 4H chart shows a swing projection toward 0.9620. It should be noted that a rising trendline going back to the lows of 6/20 and 6/29 could meet price action if it does fall to 0.9620.

By Fan Yang | Aug 06, 2012 | FX Times

Forex - USD/CHF Technical Analysis (US Dollar / Swiss Franc)

Since the breakout of its bearish channel in h4, the Swiss Franc is failling to find a clear trend last days against the US Dollar. The pair USD/CHF is moving into a range between 0.9738 and 0.9830.

Aug 02, 2012 | Forextribe

Forex - USD/CHF Technical Analysis (US Dollar / Swiss Franc)

The Swiss Franc strongly depreciated against the US Dollar. The resistance at 0.96 has been broken on a strong bullish rally, giving us a buy signal. This last bearish movement who occured on the pair USD/CHF has been fully retraced. We expect a pullback on the former resistance at 0.9670 before a the take up of the bullish trend. The next resistance is at 0.

Jul 19, 2012 | Forextribe

USD/CHF in Near-term Double Bottom Attempt

The USD/CHF fell during the 7/16 session, losing the bullish momentum as the RSI reading int he 1H chart fell below 40 and kissed 30. This introduces some bearish momentum, confirmed if the RSI fails to push above 60 and returns back below 40.

By Fan Yang | Jul 17, 2012 | FX Times

USD/CHF Maintains Bullish Momentum

After Friday's sharp drop, the USD/CHf still maintains bullish momentum in the 1H chart as the RSI reading failed to sustain a break below 40. Instead it only briefly cracked 40, and returned above 60, reflecting persistence in bullish momentum, as it has shown since the beginning of July.

By Fan Yang | Jul 16, 2012 | FX Times

Forex - USD/CHF Technical Analysis (US Dollar / Swiss Franc)

The Swiss Franc strongly depreciated against the US Dollar. The resistance at 0.96 has been broken on a strong bullish rally, giving us a buy signal. This last bearish movement who occured on the pair USD/CHF has been fully retraced.

Jul 13, 2012 | Forextribe

USD/CHF to Push Above Flag Pattern

Note that the RSI came down to 40 and remained above it, reflecting maintenance of the bullish momentum. If the RSI now pushes back above 60, price is likely in bullish continuation, especially if the reading can tag 70 again.

By Fan Yang | Jul 10, 2012 | FX Times

USD/CHF Trading at New 2012 Highs, Exposing Parity

The USD/CHF daily chart is giving different bullish continuation signals. The most important one, price action shows a break into new highs for 2012 after Friday's (7/6) disappointing NFP gave the USD a boost as a safe haven currency. The USD/CHF rallied to almost 0.98 before stalling.

Jul 09, 2012 | FX Times

Forex - USD/CHF Technical Analysis (US Dollar / Swiss Franc)

The Swiss Franc strongly depreciated against the US Dollar. The resistance at 0.96 has been broken on a strong bullish rally, giving us a buy signal. This last bearish movement who occured on the pair USD/CHF has been fully retraced.

Jul 09, 2012 | Forextribe

Forex - USD/CHF Technical Analysis (US Dollar / Swiss Franc)

The Swiss Franc strongly depreciated against the US Dollar. The resistance at 0.96 has been broken on a strong bullish rally, giving us a buy signal. This last bearish movement who occured on the pair USD/CHF has been fully retraced.

Jul 06, 2012 | Forextribe

Forex - USD/CHF Technical Analysis (US Dollar / Swiss Franc)

After a test of the major support at 0.95 last friday, the US Dollar made a correction against the Swiss Franc. Currently, the pair USD/CHF is testing a pullback on the resistance at 0.96.

Jul 05, 2012 | Forextribe

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