The USDCHF attempted to push higher yesterday topped at 0.9904 but closed lower at 0.9871. The bias is neutral in nearest term probably with a little bearish bias testing 0.9800 area. Immediate resistance is seen around 0.9900.
A clear break above that area could trigger further bullish pressure testing 1.0000 region which remains a valid bullish target. My major technical outlook remains neutral.
The USDCHF was indecisive yesterday. The bias remains neutral in nearest term probably with a little bearish bias testing 0.9800 support area. A clear break and daily/weekly close below that area could trigger further bearish pressure testing 0.9670 – 0.9570 next week. Immediate resistance remains around 0.9900.
A clear break and daily/weekly close above that area could trigger further bullish pressure testing 1.0000 region which remains a valid bullish target. My major technical outlook remains neutral.
The USDCHF didn’t make significant movement last week but overall still able to maintain its bullish intraday bias and still moving above the daily EMA 200 as you can see on my daily chart below. The bias is bullish in nearest term testing 1.0000.
Immediate support is seen around 0.9865. A clear break below that area could lead price to neutral zone in nearest term testing 0.9800 region. My major technical outlook remains neutral.
The USDCHF had another indecisive movement yesterday. The bias is neutral in nearest term. Immediate support is seen around 0.9800. A clear break and daily close below that area could trigger further bearish pressure testing 0.9670.
Immediate resistance is seen around 0.9900. A clear break and daily close above that area could trigger further bullish pressure testing 1.0000. My major technical outlook remains neutral.
The USDCHF failed to continue its bullish momentum yesterday and now struggling around the lower line of my minor bullish channel as you can see on my daily chart.
The bias is bearish in nearest term but the lower line of the bullish channel is a good place to buy targeting 1.0000 with a tight stop loss below 0.9800. My major technical outlook remains neutral.
The USDCHF had a bearish momentum last week after broke below the bullish channel as you can see on my daily chart below, bottomed at 0.9635. The bias is bearish in nearest term testing 0.9570. Immediate resistance is seen around 0.9715. A clear break above that area could lead price to neutral zone in nearest term testing 0.9770 area. My major technical outlook remains neutral.
The USDCHF was indecisive yesterday. The bias remains bearish in nearest term testing 0.9570 and the trend line support as you can see on my daily chart below, which is a good place to buy with a tight stop loss.
Immediate resistance is seen around 0.9715. A clear break above that area could lead price to neutral zone in nearest term testing 0.9770 area. My major technical outlook remains neutral.
The USDCHF was indecisive yesterday. The bias remains bullish in nearest term testing 0.9800. A clear break and daily/weekly close above that area could trigger further bullish pressure next week retesting 0.9950.
Immediate support is seen around 0.9700. A clear break below that area could lead price to neutral zone in nearest term testing 0.9640 region but key support remains around 0.9570 and trend line support as you can see on my daily chart below. My major technical outlook remains neutral.
The USDCHF had a bullish momentum last week topped at 0.9830. The bias is bullish in nearest term testing 0.9900 – 0.9950 region. Immediate support is seen around 0.9770.
A clear break below that area could lead price to neutral zone in nearest term testing 0.9700 region but key support remains around the trend line support and 0.9570 region as you can see on my daily chart below. My major technical outlook remains neutral.
