The USDCHF had another indecisive movement yesterday. As you can see on my daily chart below price has been moving sideways without clear direction. The bias is neutral in nearest term. Immediate support remains around 0.9600 – 0.9595. A clear break below that area could trigger further bearish pressure testing 0.9550 – 0.9500 but any movement near 0.9450 support area is a good opportunity to buy.
Immediate resistance remains around 0.9650. A clear break and daily close above that area could trigger further bullish pressure testing 0.9700 – 0.9750 region. My major technical outlook remains neutral.
The USDCHF had a bullish momentum yesterday topped at 0.9683. The bias is bullish in nearest term testing 0.9750 region.
Immediate support is seen around 0.9650. A clear break below that area could lead price to neutral zone in nearest term testing 0.9600 or lower. My major technical outlook remains neutral.
The USDCHF was indecisive yesterday. The bias is neutral in nearest term. Immediate support is seen around 0.9641 (yesterday’s low). A clear break below that area could trigger further bearish pressure testing 0.9600 area.
Immediate resistance is seen around 0.9700. A clear break above that area could trigger further bullish pressure testing 0.9750. My major technical outlook remains neutral.
The USDCHF had a bullish momentum last week topped at 0.9792. The bias is bullish in nearest term testing 0.9850. A clear break and daily close above that area could trigger further bullish pressure testing 0.9950 which is a good place to sell.
Immediate support is seen around 0.9730. A clear break below that area could lead price to neutral zone in nearest term testing 0.9685 area. My major technical outlook remains neutral.
The USDCHF was indecisive yesterday formed a Doji on daily chart. The bias is neutral in nearest term probably with a little bullish bias. Immediate resistance is seen around 0.9806 (yesterday’s high). A clear break above that area could trigger further bullish pressure testing 0.9900 – 0.9950 region which is a good place to sell.
Immediate support is seen around 0.9750. A clear break and daily close below that area could trigger further bearish pressure testing 0.9680 or lower. My major technical outlook remains neutral.
The USDCHF had a bullish momentum yesterday topped at 0.9844. The bias is bullish in nearest term testing 0.9900 – 0.9950 area which remains a good place to sell with a tight stop loss.
Immediate support is seen around 0.9800. A clear break below that area could lead price to neutral zone in nearest term testing 0.9750 region. My major technical outlook remains neutral.
The USDCHF attempted to push higher yesterday but whipsawed to the downside and broke below the bullish channel after touched the upper line of the bullish channel as you can see on my H1 chart below. The bias is bearish in nearest term testing 0.9760 – 0.9700 area.
Immediate resistance is seen around 0.9830. A clear break above that area could lead price to neutral zone in nearest term as direction would become unclear testing 0.9900 – 0.9950 area which remains a good place to sell. My major technical outlook remains neutral.
The USDCHF was indecisive last week. As you can see on my H1 chart below we have a false break below the H1 EMA 200 suggests a potential bullish view. The bias is neutral in nearest term probably with a little bullish bias testing 0.9885 region.
Immediate support is seen around 0.9750. A clear break and daily close below that area would expose 0.9700 or lower. My major technical outlook remains neutral.
The USDCHF was indecisive yesterday formed a Doji on daily chart. As you can see on my H1 chart below price is moving inside a bullish channel and above EMA 200 suggests a bullish view. The bias is neutral in nearest term probably with a little bullish bias testing 0.9885 region.
Immediate support is seen around 0.9750. A clear break and daily close below that area would expose 0.9700 or lower. My major technical outlook remains neutral.
The USDCHF had a significant bearish momentum yesterday broke below the bullish channel as you can see on my H1 chart below. The bias is bearish in nearest term testing 0.9600 – 0.9540 area which remains a good place to buy.
Immediate resistance is seen around 0.9740. A clear break above that area could lead price to neutral zone in nearest term testing 0.9800 region. My major technical outlook remains neutral.
