USDCHF: Bulls Challenge Resistance – Uptrend or False Hope?

by ForexCycle.com | March 1, 2024 11:04 am
USDCHF is attempting to gain momentum, facing resistance at the 0.8885 level. This analysis explores the potential implications of a breakout or breakdown from this key level, considering both bullish and bearish scenarios. Uptrend in Focus: Can...

USDCHF Stages Rebound: Bullish Signal or False Hope?

by ForexCycle.com | February 26, 2024 2:15 am
USDCHF has displayed a potential trend reversal, breaking above the falling trend line on its 4-hour chart. This move suggests the downside movement from 0.8885 might have concluded at 0.8742, paving the way for a potential upside....

USDCHF Retreats: Trend Reversal or Consolidation Test?

by ForexCycle.com | February 22, 2024 1:10 am
USDCHF has slipped below the rising trend line on the 4-hour chart, raising questions about the future direction of the pair. Let’s delve into the technicals to understand the significance of this move and potential next steps....

USDCHF Holds Uptrend, But Will It Climb Higher or Consolidate?

by ForexCycle.com | February 20, 2024 1:25 am
USDCHF continues its upward journey, staying above a rising trend line on its 4-hour chart. This indicates that the uptrend, initiated at 0.8550, remains in play. But will the recent pullback lead to further gains or just...

USDCHF Pulls Back: Will Support Hold or Give Way?

by ForexCycle.com | February 16, 2024 2:10 am
USDCHF’s recent rally encountered resistance at 0.8885, leading to a pullback that’s currently testing support at 0.8775. Let’s analyze the technicals to understand whether this is a temporary pause or a sign of a deeper decline. Uptrend...

USDCHF Climbs Higher: Consolidation or Continued Rally?

by ForexCycle.com | February 15, 2024 1:36 am
USDCHF has been on a tear, extending its upward journey from 0.8550 to reach a new high of 0.8885. But will this bullish momentum continue, or is a period of consolidation or even a pullback on the...

USDCHF Surges Higher: Uptrend Resumed or Brief Rally?

by ForexCycle.com | February 7, 2024 1:43 am
USDCHF has displayed bullish momentum, breaking above the key resistance level of 0.8728. This breakout suggests a potential resumption of the uptrend that began at 0.8332. Let’s delve into the technical details to understand what this means...

USDCHF Double Bottom Breakout: Uptrend in Sight?

by ForexCycle.com | February 5, 2024 5:07 am
USDCHF has exhibited a bullish technical pattern on its 4-hour chart, suggesting a potential reversal of the recent downtrend. Let’s dissect the key technical aspects to understand what this means for the pair’s future direction. Double Bottom...

USDCHF Selling The Pair At The Blue Box Area

by elliottwave-forecast.com | February 2, 2024 12:17 am
Hello fellow traders. In this technical article we’re going to take a quick look at the Elliott Wave charts of USDCHF published in members area of the website.  As our members know, the pair is bearish against...