USD/CHF Weekly Outlook

USD/CHF turned into sideway trading last week and more consolidations would likely be seen above 1.0399 initially this week. Nevertheless, note that short term outlook remains bearish as long as 1.0674 resistance holds and recent fall from 1.1729 is still in favor to continue. Break of 1.0394 will target outer
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USD/CHF Weekly Outlook

USD/CHF dropped further to as low as 1.0399 last week but recovered since then. With 4 hours MACD crossed above signal line, a temporary low should be in place. Initial bias is neutral this week and some sideway trading might be seen above 1.0399 first. Though, short term outlook will
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USD/CHF Weekly Outlook

USD/CHF’s fall from 1.1729 extended further to as low as 1.0479 last week and recovered. With bullish convergence condition in 4 hours MACD, a short term bottom is possibly in place and more consolidations would be seen initially this week, with stronger rise to 1.0695 minor resistance and above. However,
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USD/CHF Weekly Outlook

USD/CHF dropped further to as low as 1.0577 last week but drew support from 61.8% retracement of 0.9916 to 1.1729 at 1.0609 and turned sideway. A temporary low should be in place and initial bias is neutral this week. Some recovery might be seen but another fall will remain in
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USD/CHF Weekly Outlook

USD/CHF’s fall from 1.1729 extended further to as low as 1.0949 last week. Initial bias remains on the downside this week and further decline should be seen to 1.0897 support and then medium term trend line at 1.0745. On the upside, though, break of 1.1136 will argue that a short
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USD/CHF Weekly Outlook

USD/CHF’s fall from 1.1729 dropped sharply to as low as 1.1081 last week. Initial bias remains on the downside and further fall should be seen to 38.2% retracement of 0.9916 to 1.1729 at 1.1036 next. On the upside, above 1.1248 minor resistance will indicate that a temporary low is formed
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USD/CHF Weekly Outlook

USD/CHF’s consolidation from 1.1729 extended further last week with another dip to 1.1397 before recovering. With 4 hours MACD crossed above signal line, initial bias is neutral this week. Break of 1.1554 will flip intraday bias back to the upside for retesting 1.1729 first. Break there will confirm up trend
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USD/CHF Weekly Outlook

USD/CHF edged higher to 1.1729 last week but failed to sustain gain and turned sideway. While Friday’s rebound was strong, it’s still kept well below 1.1729 and hence, there is no confirmation of rally resumption yet. Initial bias remains neutral this week and more sideway trading cannot be ruled out.
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USD/CHF Weekly Outlook

USD/CHF edged higher to 1.1696 but faced resistance at 161.8% projection of 1.0131 to 1.0897 from 1.0434 at 1.1673 and turned sideway. Some more consolidations would possibly be seen initially this week but after all, such consolidation is expected to be relatively brief as long as 1.1447 minor support holds.
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USD/CHF Weekly Outlook

USD/CHF jumped to as high as 1.1585 last week before turning sideway. With 4 hours MACD staying below signal line, some more consolidations might be seen initially this week. Nevertheless, another rise would remain in favor as long as 1.1267 minor support holds. Above 1.1585 will target 161.8% projection of
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