USDCHF Analysis – Jun 28, 2008

by ForexCycle.com | June 27, 2008 8:42 pm
USDCHF broke below the up trend line from 0.9634 to 1.0147. Deeper decline is possible to 1.0000 area in a couple of weeks. Key resistance is at 1.0539, only break of this level will signal resumption of...

USDCHF Analysis – Jun 25, 2008

by ForexCycle.com | June 24, 2008 7:20 pm
USDCHF might be forming a cycle top at 1.0539 on daily chart. Lengthier consolidation would more likely be seen and pullback to test the support of the up trend line from 0.9634 to 1.0147 is expected. Key...

USDCHF Analysis – Jun 22, 2008

by ForexCycle.com | June 21, 2008 6:39 pm
USDCHF might be forming a cycle top at 1.0539 on daily chart. Pullback to test the support of the up trend line from 0.9634 to 1.0147 is expected. Key support is at 1.0147, a break below this...

USDCHF Analysis – Jun 18, 2008

by ForexCycle.com | June 17, 2008 7:10 pm
USDCHF formed a cycle bottom at 1.0147 on daily chart. The rise from 1.0147 could possibly be resumption of up trend. Further rally to 1.0800 area is possible in next few day. Initial support is at 1.0300...

USDCHF Analysis – Jun 14, 2008

by ForexCycle.com | June 14, 2008 12:42 am
USDCHF formed a cycle bottom at 1.0147 on daily chart. Further rally to 1.0800 area is possible in next few day. Initial support is at 1.0300 and key support is at 1.0147, only break of the key...

USDCHF Analysis – Jun 11, 2008

by ForexCycle.com | June 10, 2008 9:03 pm
USDCHF broke below 1.0211 support and reached 1.0147 only. The pair might be forming a cycle bottom at 1.0147 on daily chart. Further rise to test 1.0623 previous high resistance is expected in next several days. Only...

USDCHF Analysis – Jun 7, 2008

by ForexCycle.com | June 6, 2008 9:31 pm
USDCHF broke below 1.0214 support and down trend has resumed. Deeper decline to test 0.9870 support is expected. Initial resistance is at 1.0526 and key resistance is at 1.0623, only break above 1.0623 will signal resumption of...

USDCHF Analysis – Jun 4, 2008

by ForexCycle.com | June 3, 2008 7:07 pm
USDCHF formed a sideways consolidation in a range between 1.0214 and 1.0623. Pullback below 1.0214 level to reach the next cycle bottom on daily chart will more likely be seen. Initial resistance is at 1.0526, a break...

USDCHF Analysis – May 31, 2008

by ForexCycle.com | May 30, 2008 7:46 pm
USDCHF rebounded from 1.0214 and reached as high as 1.0526. As long as 1.0623 resistance holds, we’d expect down trend to resume and pullback to test 0.9870 support is still possible. Initial support is located at 1.0214,...

USDCHF Analysis – May 28, 2008

by ForexCycle.com | May 27, 2008 8:12 pm
USDCHF dropped down from 1.0623 and reached as low as 1.0214. Deeper decline to 1.000 area to reach the next cycle bottom on daily chart is expected. Key support is located at 0.9870, as long as this...