USDCHF
Member Since Mar 28, 2016
93 posts
Jul 30, 2018 at 06:03
The USDCHF had a bearish momentum yesterday bottomed at 0.9907 and hit 0.9903 earlier today in Asian session. The bias is bearish in nearest term testing 0.9875 – 0.9855 area but key support remains at 0.9785 area which remains a good place to buy with a tight stop loss. Immediate resistance is seen around 0.9930. A clear break above that area could lead price to neutral zone in nearest term testing 0.9955 region.
Member Since Mar 28, 2016
93 posts
Jul 31, 2018 at 10:13
The USDCHF had a bearish momentum yesterday fell below a trend line support as you can see on my H4 chart below, bottomed at 0.9877 and hit 0.9872 earlier today in Asian session. The bias is bearish in nearest term testing 0.9855/35 region but key support remains around 0.9785. Immediate resistance is seen around 0.9910. A clear break above that area could lead price to neutral zone in nearest term testing 0.9950 area. Overall price is still trapped inside a range area between 1.0055 – 0.9785 and we need a clear break from that range area to see clearer direction.
Member Since Oct 02, 2014
909 posts
Aug 09, 2018 at 14:44
1.0037 looks like a good place to bet short on the pair.
Positivity
Aug 09, 2018 at 18:44
USDCHF is facing further downside pressure. The downside remains supported by the 0.9900 handle, which if broken will open the door for further weakness towards the 0.9850 level and then 0.9800. The upside is providing resistance at 0.9950, followed by the 1.0000 psycological level. All in all, the USD/CHF pair is facing further downside pressure.
Member Since Oct 02, 2014
909 posts
Aug 14, 2018 at 09:31
It's been consolidating for the last month. Tough to trade.
Positivity
Member Since Dec 10, 2017
210 posts
Aug 15, 2018 at 08:07
The dollar / franc had another unrestrained move yesterday. The price traded higher earlier today, hitting 0.9963. Trade signals are up for testing 0.9980 / 90. A clear breakthrough and daily closure over this area could clear the way to key resistance 1.0055. We have immediate support at 0.9935. A clear breakthrough below this level could take the price to a neutral zone with testing at 0.9865. Overall, I remain neutral.
Member Since Oct 02, 2014
909 posts
Aug 22, 2018 at 10:51
0.9790 is seen as a good entry level for long positions. Let's see what the news releases bring.
Positivity
Member Since Dec 10, 2017
210 posts
Aug 24, 2018 at 14:06
Dollar/franc attempted to fall yesterday, forming a bottom at 0.9807, but traded higher earlier today to 0.9853. The trade signals are neutral. The closest resistance is at 0.9865. A clear break above this level may cause further bullish test pressures for 0.9900 or higher. Overall, I remain neutral to this pair.
Member Since Dec 10, 2017
210 posts
Aug 26, 2018 at 15:57
It's time for the dollar to take a breather. In-line to the Trumps' wishes.
Member Since Dec 10, 2017
210 posts
Aug 28, 2018 at 17:37
I think it's time for correction to 0.9800.
Member Since Oct 02, 2014
909 posts
Aug 29, 2018 at 08:56
USD/CHF broke the support at 0.9790 and is now trading below it. I expect the pair to continue to trade South.
Positivity
Member Since Dec 10, 2017
210 posts
Aug 31, 2018 at 22:05
The dollar sparked again.
Member Since Dec 10, 2017
210 posts
Aug 31, 2018 at 22:07
Next target: below 0,9650.
Member Since Dec 10, 2017
210 posts
Sep 02, 2018 at 16:50
0.9600 is my next target.
Sep 03, 2018 at 11:12
The USDCHF continued its bearish momentum last week bottomed at 0.9652. The bias is bearish in nearest term testing 0.9600. Immediate resistance is seen around 0.9715. A clear break above that area could lead price to neutral zone in nearest term but as long as stay below 0.9785 I still prefer a bearish scenario at this phase and any upside pullback should be seen as a good opportunity to sell.
Top Forex Robot
Sep 03, 2018 at 18:12
Since second half of August the USD/CHF pair started to fall sharply and currenlty is trading around 0.97, its lowest level for the recent four and a half months. Indicators on the four hour time frame remain in oversold territory and it seems that bears are trying to keep the donward trend intact. The pair remains contained within the bear channel with bulls finding resistance at the 0.9700 resistance while the bearish target is to recapture the 2018 low at 0.9651.
