USD/CHF Technical Analysis: Downtrend Likely to Continue

by ForexCycle.com | July 25, 2024 4:41 am
The USD/CHF pair has recently shown some interesting price action that suggests a continuation of its downward trend. Let’s break down the key levels and potential scenarios for traders to watch. Recent Developments Key Levels to Watch...

USD/CHF Technical Analysis: Testing Key Resistance Levels

by ForexCycle.com | July 23, 2024 11:57 pm
The USD/CHF pair has shown a strong bounce from 0.8819, reaching as high as 0.8923. This upward movement is now facing resistance from the falling trend line on the 4-hour chart. Let’s explore the potential scenarios and...

USDCHF Elliott Wave Analysis Favors Selling Bounces

by elliottwave-forecast.com | July 18, 2024 6:33 pm
Hello traders, welcome to a new blog post. Today, we will discuss the future path for the USDCHF currency pair. The recent breakout confirmed the bearish bias we shared with members of Elliottwave-Forecast. So, what is next...

US Dollar Breaks Out Against Swiss Franc, Further Upside Targeted

by ForexCycle.com | May 22, 2024 2:59 am
The USDCHF currency pair has broken out above the key 0.9101 resistance level in recent trading sessions. This bullish breakout has opened the door for a potential continuation of the pair’s upside move. Further Gains Likely After...

US Dollar Rebounds Against Swiss Franc, Faces Key Resistance

by ForexCycle.com | May 20, 2024 1:16 am
After testing the key 0.8997 support level, the USDCHF currency pair has rebounded from a low of 0.8987 and is now facing resistance at the 0.9101 handle. This area will likely determine the pair’s near-term directional bias....

US Dollar Breaks Key Support Against Swiss Franc

by ForexCycle.com | May 16, 2024 7:16 am
The USDCHF currency pair has broken below the rising trendline support visible on the daily chart, followed by a breakdown below the key 0.8997 support level. This technical breakdown suggests that the recent upside move from the...

US Dollar Pullback Tests Key Support Against Swiss Franc

by ForexCycle.com | May 7, 2024 3:43 am
The USDCHF currency pair has broken below the rising trendline support visible on the daily chart and is now testing the key 0.8997 support level. This area will likely determine the pair’s near-term directional bias. Key Support...

USDCHF Charges Higher: Uptrend Confirmed or Further Gains Ahead?

by ForexCycle.com | May 1, 2024 2:30 am
USDCHF has displayed continued strength, with the price reaching new highs. This analysis examines the technical situation and explores potential scenarios for the currency pair. USDCHF Maintains Uptrend: Upside Targets in Focus: Support Levels to Consider: Overall...

USDCHF in Focus: Uptrend Holding or Correction Underway?

by ForexCycle.com | April 22, 2024 1:49 am
USDCHF’s recent price action presents an interesting technical situation. This analysis examines the trend and explores potential scenarios for the currency pair. USDCHF Above Rising Trend Line: Upside Potential After Consolidation? Downtrend Scenario: Overall Sentiment: The technical...