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USDCHF
Membre depuis Dec 10, 2017
posts 210
Apr 20, 2018 at 07:21
The dollar / franc continued its bullish momentum yesterday, making a peak at 0.9723. The signals remain bullish for the 0.9765 test, as part of the bullish scenario after breaking over the top line of the ascending wedge. Clear break and daily / weekly closing over 0.9765 will clear the way to 0.9850 or higher next week. The closest support is 0.9650, which breakthrough can take the price to a neutral zone, the direction will become obscure.
Membre depuis Oct 02, 2014
posts 905
Apr 23, 2018 at 08:35
Looking to go short this week. Good opportunity.
Positivity
Membre depuis Dec 10, 2017
posts 210
Apr 26, 2018 at 14:31
The dollar / franc continued its bullish momentum yesterday, reaching peak at 0.9847. The trading signals remain upward in the near future for the 0.9950 test as part of the bullish scenario following the breakthrough on the upward wedge and the daily EMA 200. The closest support is 0.9800. A clear breakthrough below this level could take the price to a neutral zone for testing 0.9765. Overall, I still prefer the bullish scenario and any downward pressure should be seen as a good opportunity for purchases.
Membre depuis Oct 02, 2014
posts 905
Apr 28, 2018 at 13:39
Interesting to see what the next week brings to the pair.
Positivity
Membre depuis Dec 10, 2017
posts 210
May 03, 2018 at 10:22
The dollar/franc continued its inertia yesterday, reaching a peak of 1.0000. Views remain bullish for testing the important resistance 1.0037. Intraday support is seen at 0.9940 - 0.9920, whose breakthrough can take the price to a neutral zone, but any downward adjustment is now normal. And every downward pressure should be seen as a good opportunity for purchases. On the upside, a clear break and daily closing above 1.0037 will open the way to 1.0100 or higher.
Membre depuis Dec 10, 2017
posts 210
May 09, 2018 at 18:44
The dollar/franc was indecisive yesterday. Signals remain up for now to test 1.0100. The first support is at 1.0000, located around the lower boundary of the bullish price channel. A clear breakthrough below this zone may take the price to a neutral region with a 0.9950 test. Basically I stay up and every bearish pressure can be seen as a good opportunity to buy. Upwards, a clear break and daily closing above 1.0100 will clear the way to 1.0170 - 1.0200.
Membre depuis Oct 02, 2014
posts 905
May 11, 2018 at 17:50
Expecting this pair to correct with 250-300 pips.
Positivity
Membre depuis Apr 09, 2018
posts 37
May 13, 2018 at 08:00
arigoldman posted:
Expecting this pair to correct with 250-300 pips.
How did that short work out on April 23rd? Don't step in front of a train...
Membre depuis Dec 10, 2017
posts 210
May 16, 2018 at 13:12
The dollar / franc had another unrestrained move yesterday. The views remain neutral, possibly with light bullish signals for the critical resistance testing of 1.0055. This level should be clearly pushed up to revive and reactivate my upward model. On the downside, key short-term support is 0.9960. A clear breakthrough and daily closure below it can cause future downward pressure to test at 0.9900 or lower.
Membre depuis Oct 02, 2014
posts 905
May 18, 2018 at 14:18
USD/CHF should most likely start its descend soon. Good time to go short.
Positivity
Membre depuis Apr 09, 2018
posts 37
May 21, 2018 at 06:01
arigoldman posted:
USD/CHF should most likely start its descend soon. Good time to go short.
Are you still short from 4/23, down 200+ pips?
Membre depuis Oct 02, 2014
posts 905
May 23, 2018 at 08:09
It seems that finally the USD/CHF broke to the downside.
Positivity
Membre depuis May 23, 2018
posts 14
May 27, 2018 at 07:04
the_who posted:
USD/CHF today is trading unchanged and stable arouns 1.0010. However the long term remains bullish and I expect bulls to test 1.0040
Highest it got was around 0.996X, are you still holding this target? Recovering above 0.99 level seems to lend some support to the bulls, but with all the bad news..
Membre depuis May 23, 2018
posts 14
May 29, 2018 at 05:58
0.996X is the resistance for now.
