The 2018 forex market has been rather consistent for the most part. There have not been any major incidences in the global economy and this has been reflected in the major currency pairs in the market. The...
The dollar appreciated on Monday although it did so at a limited pace. Most of the crossings had limited tours at the beginning of the week continuing the tours of the American session on Friday, albeit at...
The USD/CHF ended the day with limited movements in a range with a bearish break. During the US session, a fall on the dollar board sent the pair to 0.9920, the lowest level since October 26. Senate...
The USDCHF pair moved sideways in a narrow range between 0.9938 and 1.0038 on the 4-hour chart for several days. As long as the price is above 0.9938 support, the sideways move could be treated as consolidation...
USDCHF extended its upside movement from 0.9420 to as high as 0.9939. As long as the price is in the rising price channel on the 4-hour chart, the upside movement could be expected to continue after consolidation...
USDCHF extended its upside movement from 0.9420 to as high as 0.9863, breaking above a major bearish trend line on the daily chart, confirming that the downtrend from 1.0343 had completed at 0.9420 already. On the upside...
USDCHF recently broke below the bottom support trend line of the price channel on its 4-hour chart, suggesting that the upside movement from 0.9420 had completed at 0.9836 already. Near term support is at 0.9704, a breakdown...
USDCHF moved sideways in a trading range between 0.9583 and 0.9772 on the 4-hour chart for several weeks. All we can do is wait for the breakout to occur. On the upside A breakout of 0.9772 could...
USDCHF pulled back from 0.9772 to as low as 0.9611 after approaching the top resistance trend line of the price channel on its daily chart, indicating that the pair remains in the downtrend from the December 2012...
USDCHF has been trending lower on its short-term time frames, with price moving inside an ascending channel that’s been holding since November last year. Price has bounced off support and is on its way to test the...
