USDCHF

The USDCHF had a moderate bullish momentum yesterday topped at 0.9784. The bias is bullish in nearest term testing 0.9795 key resistance. A clear break and daily close above that area could trigger further bullish pressure testing 1.0000 this week. Immediate support is seen around 0.9740. A clear break below that area could lead price to neutral zone in nearest term testing 0.9700 region.

The USDCHF continued its bullish momentum yesterday topped at 0.9922 as a bullish continuation after broke above 0.9795 key resistance. The bias remains bullish in nearest term testing 1.0000 area. Immediate support is seen around 0.9860. A clear break below that area could lead price to neutral zone in nearest term testing 0.9795 region.

The USDCHF was indecisive yesterday. The bias remains neutral in nearest term probably with a little bearish bias. Overall price is still in a bullish phase after a breakout above 0.9795 targeting 1.0000 area but the bullish run seems a little bit exhausted. Immediate support is seen around 0.9860 followed by 0.9800. Immediate resistance is seen around 0.9940 followed by 1.0000.

The USDCHF was indecisive last week but overall still able to maintain its bullish bias after the break above 0.9795 key resistance as you can see on my daily chart below. The bias is bullish in nearest term testing 1.0000. Immediate support is seen around 0.9900. A clear break below that area could lead price to neutral zone in nearest term testing 0.9850 but key support is around 0.9795 (former resistance).

Neutral at this point.

The USDCHF was indecisive yesterday. The bias is neutral in nearest term but overall price is still in a bullish phase targeting 1.0000 region. Immediate support is seen around 0.9885. A clear break and daily close below that area could trigger further bearish pullback testing 0.9795 key support.

The USDCHF attempted to push lower yesterday bottomed at 0.9886 but whipsawed to the upside and hit 0.9946 earlier today. The bias is bullish in nearest term testing 1.0000. Immediate support is seen around 0.9925. A clear break below that area could lead price to neutral zone in nearest term retesting 0.9885 region but key support remains around 0.9795 area.

The USDCHF continued its bearish momentum last week bottomed at 0.9578 but closed a little bit higher at 0.9641. The bias is neutral in nearest term. Immediate resistance is seen around 0.9670. A clear break above that area could trigger further bullish pressure testing 0.9715 region. Immediate support is seen around 0.9570. A clear break and daily close below that area could trigger further bearish pressure testing 0.9470 area.

USDCHF
The USDCHF had another indecisive movement yesterday. The bias remains neutral in nearest term and we need a clear break from the range area (0.9570 – 0.9670) to see clearer direction. Overall I prefer a bearish scenario at this phase and expecting a clear break below 0.9570 targeting 0.9470 area or lower.

Hello traders,I opine that USDCHF has encountered a resistance at 0.9765 and should resume its downtrend to 0.93432 level God-willing.

The USDCHF was indecisive yesterday. The bias is neutral in nearest term but as long as stay above 0.9800 my overall intraday bias remains bullish targeting 1.0000 region. On the downside, a clear break and daily close back below 0.9800 could trigger further bearish pressure testing 0.9760 – 0.9700 region. My major technical outlook is neutral.

USDCHF Forecast
The USDCHF had a bearish momentum yesterday bottomed at 0.9633. The bias remains bearish in nearest term testing 0.9570 and the trend line support which also remains a good place to buy with a tight stop loss. Immediate resistance is seen around 0.9700. A clear break above that area could lead price to neutral zone in nearest term testing 0.9750/70 area. My major technical outlook remains neutral.

Bullish for the short-term.

Bullish view unchanged.

Expecting parity soon.

The USDCHF was indecisive yesterday. As you can see on my H1 chart below, price slipped above the minor bearish channel suggests a potential bullish outlook. The bias is neutral in nearest term probably with a little bullish bias testing 1.0325/50 area. Immediate support is seen around 1.0250 followed by 1.0200.

Bearish here.

The Swiss Franc made a good move to parity this week, let's see how it continues!

Still bearish on the pair for the short-term.