USDCHF Analysis. Jan 23, 2008

by ForexCycle.com | January 22, 2008 8:48 pm
USDCHF formed a cycle bottom at 1.0836 on daily chart. Consolidation to the down trend may be expected in the next several days. Down trend will resume after consolidation, and a breakdown below 1.0836 is needed to...

USDCHF Analysis. Jan 20, 2008

by ForexCycle.com | January 19, 2008 7:14 pm
USDCHF broke below 1.0890 previous low and reached as low as 1.0836. Further fall towards 1.0600 is still possible next week. Near term resistance is at 1.1086 and followed by 1.1189, as long as 1.1189 resistance holds,...

USDCHF Analysis. Jan 16, 2008

by ForexCycle.com | January 15, 2008 7:37 pm
USDCHF broke below 1.0890 previous low and reached as low as 1.0852. Sharply fall towards 1.0600 is still possible in the next several days. Near term resistance is at 1.1189, as long as this resistance holds, down...

USDCHF Analysis. Jan 13, 2008

by ForexCycle.com | January 13, 2008 3:18 am
USDCHF broke below 1.1017. Further fall towards 1.0890 previous low is still possible next week, a break below this level will signal the resumption of the long term down trend. Near term resistance is at 1.1189 level.

USDCHF Analysis. Jan 9, 2008

by ForexCycle.com | January 8, 2008 8:11 pm
USDCHF might be forming a cycle bottom at 1.1017 on daily chart. Further rebound towards 1.1595 is still possible. Near term support is at 1.1017, as long as this support holds, we’d expect rebound to continue.

USDCHF Analysis, Jan 5, 2008

by ForexCycle.com | January 5, 2008 5:19 am
USDCHF formed a cycle top at 1.1595 on daily chart, and the fall from 1.1595 extended to as low as 1.1017. Further pullback towards 1.0890 previous low to reach the next cycle bottom is still possible. Near...