USDCHF Analysis – Aug 6, 2008

by ForexCycle.com | August 5, 2008 8:48 pm
USDCHF breaks above 1.0539 resistance. Further rise to test 1.0623 (May 8 high) could be seen in a couple of days. Consolidation would more likely be seen before breaking above 1.0623 level. Initial support is at 1.0430,...

USDCHF Analysis – Aug 2, 2008

by ForexCycle.com | August 1, 2008 10:05 pm
USDCHF is testing the previous high resistance at 1.0539, a break of this level will confirm the resumption of long term up trend from 0.9634 (Mar 17 low). Key support is now located at 1.0314, only fall...

USDCHF Analysis – Jul 30, 2008

by ForexCycle.com | July 29, 2008 8:35 pm
USDCHF breaks above the resistance of the down trend line from 1.0623 to 1.0539. Further rise to test 1.0539 is still possible, and a break of this level will confirm the resumption of long term up trend....

USDCHF Analysis – Jul 26, 2008

by ForexCycle.com | July 25, 2008 8:17 pm
USDCHF broke above 1.0351 resistance. Further rise to test 1.0539 is still possible, and a break of this level will confirm the resumption of long term up trend. Key support is now located at 1.0010, only fall...

USDCHF Analysis – Jul 23, 2008

by ForexCycle.com | July 22, 2008 8:12 pm
USDCHF is testing 1.0351 resistance, a break above this level will signal further rebound to test 1.0539 long term key resistance, and a break of this level will indicate that the down trend from 1.0623 has completed,...

USDCHF Analysis – Jul 19, 2008

by ForexCycle.com | July 18, 2008 11:24 pm
USDCHF rebounded from 1.0010 level. Further rise to 1.0400 to reach the next cycle top on daily chart is still possible next week. Initial resistance is at 1.0351 and long term key resistance is located at 1.0539,...

USDCHF Analysis – Jul 16, 2008

by ForexCycle.com | July 15, 2008 7:58 pm
USDCHF broke below 1.0111 support and reached 1.0010 low. Deeper decline to retest 0.9634 (Mar 17 low) support is still possible. Key resistance is now located at 1.0351, only rise above this level will signal resumption of...

USDCHF Analysis – Jul 12, 2008

by ForexCycle.com | July 11, 2008 8:12 pm
USDCHF is testing 1.0111 previous low support. A break of this level will signal further decline to 1.0000 area. Initial resistance is at 1.0351, as long as this resistance holds, the pair stays in down trend.

USDCHF Analysis – Jul 9, 2008

by ForexCycle.com | July 8, 2008 8:08 pm
USDCHF formed a cycle bottom at 1.0111 on daily chart. Further rise to test 1.0539 previous high resistance could be seen in next few days. Rise above this level will signal resumption of long term up trend,...

USDCHF Analysis – Jul 5, 2008

by ForexCycle.com | July 4, 2008 9:09 pm
Being contained by the support of the price channel, USDCHF rebounded from 1.0111. The pair might be forming a cycle bottom on daily chart. Further rise to test 1.0539 previous high resistance is still possible in next...