Tag Archives: USD/CHF

USD/CHF: Corrective Pull-back Within Uptrend Elliott Wave Forecast

USD/CHF reversed lower yesterday from around 0.9750 which however is not a surprise if we respect the structure from 0.9242 which was clearly made in five waves, and we know that after every five waves correction follows. As such, we … Continue reading

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Swiss ZEW Survey Expectations Plunged In May

USD/CHF” title=”USD/CHF” width=”2306″ height=”1591″ />For the 24 hours leading to 23:00 GMT, the USD rose 0.10% against the CHF, closing at 0.9655.In economic news, the ZEW survey of economic expectations declined to a reading of 2.2 in May, from a … Continue reading

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USD/CHF: Expect A Rise To 0.9500

As you can see from the following trade opportunity alert for USD/CHF, Autochartist recently identified the Triangle chart pattern on the daily charts. The pair is expected to rise toward the target level 0.9500 in 3 trading days (which is … Continue reading

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Inverted Head And Shoulders Formation On The USD/CHF Daily Chart

The USD/CHF is currently on a very important long-term level, and whatever happens at those levels will be crucial over the next few months. On the daily chart, we can see a big inverted Head and Shoulders formation that was … Continue reading

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USD/CHF Maintains Positive Stability

The pair USD/CHF re-tested 0.9400 and maintains stability above it, which supports the continuation of our uptrend expectations on the intraday and short term. The initial targets are at 0.9600.The trading range expected for today is between: support at 0.9375 … Continue reading

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Bearish Outlook For Dollar

I expected a slow day yesterday, but not that slow. Has August already arrived? It certainly looks like it or if not perhaps we’ll have two months of watching paint dry. That said we are now at a point where … Continue reading

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USD/CHF Could Be Forming A Bullish Reversal

USD/CHF hit a new low in this week, but is now again reversing into what could be the start of some larger, important turning point. Notice that we are tracking a corrective decline from 0.9750 which is actually part of … Continue reading

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USD/CHF: Aiming For The Key Resistance

The new week starts with a bullish upswing that is timing for the 0.9385 resistance—the level that is blocking further upswings since the end of July. 0.9385 is correlated with the 38.2 Fibonacci retracement of the last downswing which lasted … Continue reading

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USD/CHF Forecast: September 23, 2013

USD/CHF BIAS: While 0.9125-37 caps we should still see losses to 0.8990 – 0.9024Resistance: 0.9125-37 0.9150 0.9170-87 0.9210 Support: 0.9075-85 0.9052 0.9021-24 0.8990-07MAIN ANALYSIS: The consolidation on Friday developed as a more complex correction, and this generates a floor of … Continue reading

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USDCHF’s Downward Movement Extends To 0.8967

The USD/CHF downward movement from 0.9455 extends to as low as 0.8967. Initial resistance is at the downward trend line on 4-hour chart, as long as the trend line resistance holds the downtrend could be expected to continue and next … Continue reading

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