USDCHF

USD/CHF plunged today to a monthly low at 0.9848. The pair bounced and currently is trading at 0.9860 but the short-term outlook remains bearish given the indicators on the four hour time frame.

The dollar/franc was volatile but indecisive yesterday. The price slid under the 0.9870 support, but closed higher at 0.9912. The signals remain neutral in the near future. But while the pair remains below 0.9980, the downward pressure should remain strong for re-testing 0.9870. The last level should be clearly broken down for the resumption of the bearish phase with targets in the region of 0.9800 or lower. In the upward direction, 0.9980 remains a key short-term resistance. A clear breakthrough over this area may take the price up to retest the resistance 1.0055, which must be clearly pierced to re-activate the upward model.

The US dollar fell against the Swiss franc. The session started at a price of 0.9931 as the pair lost 20 pips. The dollar reached a peak of 0.9982 during the European session, after which the price dropped sharply to break the level of support and reached a bottom of 0.9850. After a successful break of support at 0.9920, we would expect a retest of 0.9847.

USD/CHF
Key levels to watch for:
Support: 0.9920; 0.9847;
Resistance: 1.0055; 1.0100;

I expect a big drop if the NFPs are lower than expected.

I'm bearish on the pair, i think a level of 0.95 is probable.

Good NFP bought this up again, but it still sits below 0.99.

This pair currently seems range-bound to me.

I would surmise that we are bearish, but the Swiss do not like a strong CHF, so we really need a strong impetus to asunder this down.

I think this is a good level for shorts.

USD/CHF dropped to a fresh daily low at 0.9840 but marked a modest recovery before going into a consolidation phase around 0.9850. Immediate support is seen at 0.9830 and lower at 0.9800. On the upside, resistances are located at 0.9910 and the psychological level at 1.0000.

0.9792 provides strong support.

The US dollar reported a decrease against the Swiss franc on Thursday. The session started at 0.9861 and finished at 0.9803. Graphics continued to grow below creeping averages, while the relative strength index remained neutral. If the price continues to fall, the dollar will probably break the first support at 0.9740.

USDCHF reacted bullishly to no apparent reasons in the afternoon EU hours. I think the pair will depreciate more next week.

USD/CHF is consolidating losses around mid 0.98. The indicators on the four hour time frame are heading lower and the flat moving averages are providing good resiatnce levels.

lol. Are you perma bears in here still trying to sell this pair? Have you blown your account yet? Stop stepping in front of speeding trains gentlemen...just stop.

The dollar / franc tried to drop down yesterday, forming a bottom at 0.9825, but went up then and peaked at 0.9972. Technically, this fact stops the downward phase and activates my bullish model. Trade signals are up for retesting 1.1055. Daily support is 0.9950. A clear breakthrough below this level could take the price to a neutral trading area at 0.9915 / 00. But overall, I prefer the bullish scenario at this stage and any downward pressure should be considered a good opportunity to buy.

USDCHF erased most of the losses accumulated in recent weeks. I think the pair could break parity next week.

After breaking the parity, the USD/CHF broke and the key support level at 0.99. Now bears are eyeing 0.9950 – 0.9930 area.