The USDCHF had a significant bearish momentum yesterday, broke below the range area as you can see on my H1 chart below. The bias is bearish in nearest term testing 0.9900 – 0.9870 support area.
Immediate resistance is seen around 0.9960/80 area. A clear break back above that area could lead price to neutral zone in nearest term testing 1.0015 area but key resistance remains at 1.0055 which need to be clearly broken to the upside to resume the bullish trend and reactivate my bullish mode.
The USDCHF attempted to push lower yesterday slipped below 0.9900 but whipsawed to the upside and closed higher at 0.9956. The bias is neutral in nearest term. As you can see on my H1 chart below, price is still moving below the H1 EMA 200 since fell from 1.0055 key resistance suggests a bearish short-term bias but need a clear break below 0.9900 – 0.9870 support area to resume the bearish phase testing 0.9800 area or lower.
Immediate resistance is seen around 0.9980. A clear break and daily close above that area would expose 1.0055 region which need to be clearly broken to the upside to reactivate my bullish mode.
The USDCHF had a bearish momentum yesterday bottomed at 0.9885 but closed a little bit higher at 0.9912 and hit 0.9928 earlier today in Asian session. The bias is bearish in nearest term. Support area at 0.9900 – 0.9870 still holds so far, but bearish pressure remains high. A clear break below 0.9870 would expose 0.9800 or lower.
Immediate resistance is seen around 0.9935. A clear break above that area could trigger further bullish pressure testing 0.9980 area but key resistance remains at 1.0055 which need to be clearly broken to the upside to reactivate my bullish mode.
The USDCHF had a bearish momentum last week bottomed at 0.9885. The bias remains bearish in nearest term testing 0.9900 – 0.9870 key support area. A clear break below 0.9870 would expose 0.9800 region.
Immediate resistance is seen around 0.9950. A clear break above that area could lead price to neutral zone in nearest term testing 0.9980 but key resistance remains at 1.0055 which need to be clearly broken to the upside to reactivate my bullish mode.
The USDCHF had a moderate bullish momentum yesterday topped at 0.9958 but closed a little bit lower at 0.9936. The bias is neutral in nearest term. As long as stay below the H1 EMA 200, the short-term bearish bias remains valid but need a clear break below 0.9900 – 0.9870 support area to resume the bearish phase targeting 0.9800 area or lower.
On the upside, key short-term resistance is seen around 0.9980. A clear break above that area would retest 1.0055 key resistance which need to be clearly broken to the upside to resume the bullish outlook and reactivate my bullish mode.
The USDCHF was volatile but indecisive yesterday. Price slipped below 0.9870 support area but closed higher at 0.9912. What a stubborn support! The bias remains neutral in nearest term but as long as stay below 0.9980 the bearish pressure should remain high retesting 0.9870 which need to be clearly broken to the downside to resume the bearish phase targeting 0.9800 or lower.
On the upside, 0.9980 area remains a key short-term resistance. A clear break above that area would retest 1.0055 key resistance which need to be clearly broken to the upside to reactivate my bullish mode.
The USDCHF had a bearish momentum yesterday, slipped below 0.9870, bottomed at 0.9826. Price traded higher earlier today in Asian session back above 0.9870. The bias is neutral in nearest term but as long as stay below the H1 EMA 200, the overall short-term bias should remain to the downside.
Immediate support is seen around 0.9825. A clear break and daily/weekly close below that area would expose 0.9720 region next week. Immediate resistance is seen around 0.9915. A clear break back above that area would be a threat to the bearish phase testing 0.9980 region.
The USDCHF was volatile but indecisive last week. The bias is neutral in nearest term. Overall price is still able to maintain its bearish bias and manage to keep moving below the H1 EMA 200 as you can see on my H1 chart below.
Immediate support is seen around 0.9865/50 located around a trend line support. A clear break below that area would resume the bearish pressure retesting 0.9825 area. Immediate resistance is seen around 0.9915. A clear break above that area would be a threat to the current bearish phase retesting 0.9980 region.
USDCHF meneruskan momentum penurunan pada minggu lepas pada bottom 0.9652. Bias adalah penurunan dalam jangka terdekat mencuba 0.9600. Resistance dilihat disekitar 0.9715. Break yang jelas diatas Kawasan tersebut akan membawa harga ke zon neutral tetapi jika harga berada dibawah 0.9785, saya masih dengan senario penurunan pada fasa ini dan sebarang pullback merupakan peluang yang baik untuk menjual.
USDCHF adalah tidak menentu semalam tetapi secara keseluruhan masih kekal dalam bias penurunan buat masa ini. Bias kekal menurun dalam jangka terdekat mencuba kawasan 0.9600. Resistance dilihat disekitar 0.9715. Break yang jelas diatas kawasan tersebut akan membawa harga ke zon neutral dalam jangka terdekat tetapi sekiranya harga berada dibawah 0.9785, saya masih dengan senario penurunan pada fasa ini dan sebarang pullback ke atas adalah peluang yang baik untuk menjual.
