200SMA at 0.9660 could be a difficult task for bulls.
Now the pair is heading towards the 0.9525-20 zone, immediate support, which if broken to below will open doors for testing the key 0.9500 handle.
USD/CHF close to being overbought. Bearish below 0.96.
The Franc is depreciating this week.
Looking to go short this week. Good opportunity.
USD/CHF keeps rising and reached levels from late December. Next target for bulls comes with 0.9850.
Interesting to see what the next week brings to the pair.
USD/CHF eased around 0.9950. Short-term indicators are turning to south and the pair miht meet the support provided bu the 20-day SMA at 0.9925.
Expecting this pair to correct with 250-300 pips.
USD/CHF today is trading unchanged and stable arouns 1.0010. However the long term remains bullish and I expect bulls to test 1.0040
USD/CHF should most likely start its descend soon. Good time to go short.
USD/CHF dropped to monthly low, bears are eyeing 0.99 level.
It seems that finally the USD/CHF broke to the downside.
Exactly like what you said. How do you spot the next levels of retracement?
USD/CHF plunged today to a monthly low at 0.9848. The pair bounced and currently is trading at 0.9860 but the short-term outlook remains bearish given the indicators on the four hour time frame.
I expect a big drop if the NFPs are lower than expected.
Iām bearish on the pair, i think a level of 0.95 is probable.
USD/CHF dropped to a fresh daily low at 0.9840 but marked a modest recovery before going into a consolidation phase around 0.9850. Immediate support is seen at 0.9830 and lower at 0.9800. On the upside, resistances are located at 0.9910 and the psychological level at 1.0000.