USDCHF Analysis – Apr 23, 2008

by ForexCycle.com | April 22, 2008 8:12 pm
USDCHF is forming a sideways consolidation. Deeper decline to test the price channel support could be seen. As long as 0.9870 support holds, we’d expect up trend to resume and further rise towards 1.0500 area to reach...

USDCHF Analysis – Apr 19, 2008

by ForexCycle.com | April 19, 2008 1:02 am
As expected, USDCHF breaks above 1.0249 previous high resistance and reaches as high as 1.0284. Further rise to 1.0500 area is still possible in the next couple of weeks. Key support is now located at 0.9870, only...

USDCHF Analysis – Apr 16, 2008

by ForexCycle.com | April 15, 2008 7:18 pm
USDCHF is forming a sideways consolidation in a range between 0.9870 and 102.49. Further rise to 1.0500 area to reach the next cycle top on daily chart is still in favor before breaking below 0.9870 level. Key...

USDCHF Analysis – Apr 12, 2008

by ForexCycle.com | April 12, 2008 6:40 am
USDCHF is forming a sideways consolidation in a range between 0.9870 and 102.49. As long as 0.9870 support holds, we’d expected up trend to resume, and further rise to 1.0500 area to reach the next cycle top...

USDCHF Analysis – Apr 9, 2008

by ForexCycle.com | April 8, 2008 8:31 pm
USDCHF is testing 1.0249 resistance, as long as 0.9870 support holds, we’d expected up trend to resume, and further rise above 1.0249 level to reach the next cycle top on daily chart is still in favor. Key...

USDCHF Analysis – Apr 5, 2008

by ForexCycle.com | April 4, 2008 8:33 pm
USDCHF is in up trend, as long as 0.9870 support holds, we’d expected up trend to continue and further rally to 1.0400 area to reach the next cycle top on daily chart is still in favor, and...

USDCHF Analysis – Apr 2, 2008

by ForexCycle.com | April 1, 2008 8:11 pm
USDCHF rebounds from 0.9870, as long as this level holds, we’d expected up trend to continue and further rally to 1.0450 area to reach the next cycle top on daily chart is possible, and a break of...

USDCHF Analysis – Mar 30, 2008

by ForexCycle.com | March 29, 2008 7:10 pm
USDCHF is forming a cycle top at 1.0249 on daily chart. As long as the key support at 0.9634 holds, sideways consolidation in a range between 0.9634 and 1.0249 is expected in a couple of weeks. A...

USDCHF Analysis – Mar 26, 2008

by ForexCycle.com | March 25, 2008 7:58 pm
No changed in our view, USDCHF formed a cycle bottom at 0.9634 level on daily chart. Further rise to test 1.0352 resistance is still possible in the next several days. Key support is at 0.9634, only break...

USDCHF Analysis – Mar 22, 2008

by ForexCycle.com | March 21, 2008 9:21 pm
USDCHF formed a cycle bottom at 0.9634 level on daily chart. Further rise to test 1.0352 resistance is still possible next week. Key support is at 0.9634, only break down of this level will signal the resumption...