Browsing all articles in USD/CHF
Apr
24

USD/CAD D1 Technical April 24

USD/CAD is trading in a small range of 1.0200-90 level. Break of any level will clear the trend for the USD/CAD. There can be two scenario. First, If USD/CAD manage to break through its resistance and H4 candle close above 1.0290 level then it will provide a valid buy entry for the pair.

On the other hand, If pair fails to break 1.0290 level and H4 candle close below this level then it will indicate bearish strength and provide a valid sell entry.

High impact News can effect the trend of USD/CAD. News like BOC Gov Carney Speaks.

 

Apr
15

USD/CHF D1 Technical April 15

USD/CHF is in bullish mood today. Pair will test its resistance at 0.9340 level. Bollinger bands are providing buy signals for the pair. If pair manage to break this level and H4 candle close above 0.9340 then USD/CHF will continue its uppish trend. On the contrary, if pair didn’t manage to overcome its resistance then pair will dropped towards southward.

Apr
12

USD/CHF D1 Technical April 12

USD/CHF got a support from 0.9290 level. Pair will face its resistance at 0.9340 level. If pair manage to break this level then next target will be 0.9380 resistance. Bollinger bands are showing buy signals for USD/CHF. If pair manage to break through 0.9380 level and give a day closure above 0.9380 then pair will further move up towards north.

High impact News of USD can affect the pair. News like Core Retail Sales m/m, PPI m/m, Retail Sales m/m, Prelim UoM Consumer Sentiment, Fed Chairman Bernanke Speaks.

Apr
11

USD/CHF D1 Technical April 11

The price is now ranging from 0.9290-0.9380 level. Bollinger bands are providing sell signals for the pair. USD/CHF will face its support at 0.9290 level today. Price action on this level should be carefully watch. If USD/CHF manage to breakthrough this level and H4 candle close below 0.9290 level then pair will further fall towards southward.

The scenario will be vanished, If USD/CHF hold its support level 0.9290 level and H4 candle close above support level,  it will provide bullish potential to the pair and USD/CHF will then move up and target its resistance at 0.9380 level.

High impact News of USD can affect the pair. News like Unemployment Claims.

Apr
10

USD/CHF D1 Technical April 10

USD/CHF is trading in a range of 0.9380-0.9313 level. The trend is not clear yet. Break of any level will clear the trend for the pair. We are expecting USD/CHF to break its support level and dropped further southward. But if USD/CHF manage to hold its support level then pair will target 0.93800 level which is daily resistance.

High impact News of USD can affect the pair. News like FOMC Meeting Minutes.

Apr
8

USD/CHF D1 Technical April 08

On last Friday USD/CHF manage to break its support 0.9380 level and rapidly dropped. Now as the price is at last Bollinger showing oversold so there can be some retracement. Today  pair will face 0.9380 level which is acting as a daily resistance.

Price action on this level should be handle carefully, If USD/CHF manage to break resistance and H4 candle close above 0.9380 level. This will indicate pair got bullish strength and USD/CHF will further move upward. The Scenario will be change, If pair fails to breakthrough its resistance and H4 candle close below 0.9380 level.

High impact News can affect the move of USD/CHF. News like Fed Chairman Bernanke Speaks.

Apr
4

USD/CHF D1 Technical April 04

USD/CHF will face its resistance at 0.9520 level. If pair manage to breakthrough this level and H4 candle close above 0.9520 level, this will provide more strength to pair and USD/CHF will continue its uppish trend. The scenario can be change, If pair fails to break its resistance and give a day closure below 0.9520 level, that will open gate towards south and USD/CHF will then target 0.9440-9380 level respectively.

HIgh impact News of USD can change the scenario. News like Unemployment Claims, Fed Chairman Bernanke Speaks.

Apr
3

USD/CHF D1 Technical April 03

USD/CHF is in bullish strength, pair will face its resistance at 0.9550 level. Price action on this level should be watch carefully. If pair manage to overcome on its resistance and H4 candle close above 0.9550 level then pair will target 0.9600 level. On the other hand, If pair fails to break its resistance and H4 candle close below resistance level, it will indicate bearish strength and USD/CHF will then target southward.

High impact News of USD can affect the pair. News like ADP Non-Farm Employment Change, ISM Non-Manufacturing PMI.

Apr
2

USD/CHF D1 Technical April 02

USD/CHF is in bearish mood today. Pair will test its support at 0.9438 level. If USD/CHF manage to breakthrough this level , it will then allow pair to continue its bearish trend and test its next support at 0.9380 level. But if pair hold 0.9438 level and give a day closing above this level then pair is expected to move up again and target 0.9550 level.

Apr
1

USD/CHF D1 Technical April 01

USD/CHF is likely to go up first and test its resistance at 0.9550 level and get a pull back. If pair manage to break 0.9550 level and H4 candle close above it. Then USD/CHF will continue its uppish trend. But if pair fails to break 0.9550 level and H4 candle close below resistance then pair will get bearish strength. Which will allow USD/CHF to fall towards southward.

High impact News can affect the pair. News like ISM Manufacturing PMI.