The USDCHF had a moderate bullish momentum yesterday topped at 0.9937. The bias remains bullish in nearest term testing 1.0000.
Immediate support is seen around 0.9890. A clear break below that area could lead price to neutral zone in nearest term testing 0.9850 area. My major technical outlook remains neutral.
The USDCHF failed to continued its bullish momentum yesterday. The bias is neutral in nearest term probably with a little bearish bias testing 0.9860 support area. A clear break and daily close below that area could trigger further bearish pressure testing 0.9795.
Immediate resistance is seen around 0.9935. A clear break above that area could trigger further bullish pressure testing 1.0000 region. My major technical outlook remains neutral.
The USDCHF was indecisive yesterday. The bias remains neutral in nearest term probably with a little bearish bias. Overall price is still in a bullish phase after a breakout above 0.9795 targeting 1.0000 area but the bullish run seems a little bit exhausted.
Immediate support is seen around 0.9860 followed by 0.9800. Immediate resistance is seen around 0.9940 followed by 1.0000.
The USDCHF was indecisive last week but overall still able to maintain its bullish bias after the break above 0.9795 key resistance as you can see on my daily chart below. The bias is bullish in nearest term testing 1.0000.
Immediate support is seen around 0.9900. A clear break below that area could lead price to neutral zone in nearest term testing 0.9850 but key support is around 0.9795 (former resistance).
The USDCHF was indecisive yesterday. The bias is neutral in nearest term but overall price is still in a bullish phase targeting 1.0000 region.
Immediate support is seen around 0.9885. A clear break and daily close below that area could trigger further bearish pullback testing 0.9795 key support.
The USDCHF attempted to push lower yesterday bottomed at 0.9886 but whipsawed to the upside and hit 0.9946 earlier today. The bias is bullish in nearest term testing 1.0000.
Immediate support is seen around 0.9925. A clear break below that area could lead price to neutral zone in nearest term retesting 0.9885 region but key support remains around 0.9795 area.
The USDCHF had a bearish momentum yesterday bottomed at 0.9861. The bias is bearish in nearest term testing 0.9795 area. Immediate resistance is seen around 0.9920. A clear break above that area could lead price to neutral zone in nearest term but would give the bullish scenario another chance testing 1.0000 area.
On the downside, a clear break and daily close below 0.9795 could trigger further bearish scenario testing 0.9670 or lower.
The USDCHF didn’t make significant movement yesterday. The bias is neutral in nearest term but overall price is still in a bullish phase after broke above 0.9795 targeting 1.0000.
Immediate support is seen around 0.9850 followed by 0.9795. Immediate resistance is seen around 0.9950 followed by 1.0000. My major technical outlook remains neutral.
The USDCHF had a bearish momentum last week fell below 0.9795 key support as you can see on my daily chart below. The bias is bearish in nearest term testing 0.9670.
Immediate resistance is seen around 0.9795. A clear break back above that area could lead price to neutral zone in nearest term as direction would become unclear.
The USDCHF continued its bearish momentum yesterday bottomed at 0.9681. The bias remains bearish in nearest term especially if price able to make a clear break below 0.9670 targeting 0.9600 before targeting 0.9470 this week.
Immediate resistance is seen around 0.9775/95. A clear break above that area could lead price to neutral zone in nearest term as direction would become unclear.
