|
0.9661
-0.0006 (-0.06%)
22:29:08 (GMT)
Bid 0.9658
Ask
0.9663
Open
0.9666
High
0.9666
Low
0.9660
May 22, 2012| Market Vision TV
Elliott Wave Strategy USDCHF – Still has potential to rally!
USDCHF - Still has potential to rally!#.
April 11, 2012| Market Vision TV
Elliott Wave Strategy USDCHF – Ready to break higher!
USDCHF - Ready to break higher! #.
April 03, 2012| Market Vision TV
Elliott Wave Strategy USDCHF – Time is running out!
USDCHF - Time is running out! #.
April 01, 2012| FX Empire Analyst - Christopher Lewis
USD/CHF Forecast April 2, 2012, Technical Analysis
The USD/CHF pair fell on Friday as the Dollar remains under pressure. We have been waiting to see some kind of supportive candle in the 0.91 to 0.90 range, but simply haven’t seen anything to get excited by. Because of this, we are flat of this pair at the moment. However, the 0.90 level is just below, and the last hopes of the bulls will have to be seen soon and in the immediate area in order to go long...
April 01, 2012| FX Empire Analyst - Christopher Lewis
USD/CHF Forecast for the Week of April 2, 2012, Technical Analysis
The USD/CHF pair is currently hovering over the 0.90 level, and as a result we are waiting to see if we get any type of bullish signal. The pair looks like it is about to fall actually, even if the Swiss National Bank is looking to weaken the Franc on the whole. The trigger market is the EUR/CHF and not this one, but if they intervene in that pair – it will be mirrored by the action in this one...
March 30, 2012| FX Empire Analyst - Christopher Lewis
USD/CHF Forecast March 30, 2012, Technical Analysis
The USD/CHF pair rose during the session on Thursday as the support area between 0.91 and 0.90 held firm. The pair gave back a bit of the gains late in the day though, so we could perhaps still have a bit of a fight on our hands going forward. The breaking of the 0.91 handle on a daily close would serve as a reason to go long in this pair in our opinion. The area should see strong support...
March 29, 2012| FX Empire Analyst - Christopher Lewis
USD/CHF Forecast March 29, 2012, Technical Analysis
The USD/CHF pair had a fairly wild day on Wednesday as the pair went both bullish and bearish, only to end up slightly bullish at the close. The pair is in the middle of a massive support zone between 0.90 and 0.91, so it is in an area that we think that we could see supportive candles. In fact, it is those type of candles that we need to see in order to buy this market. Selling isn’t in our...
March 28, 2012| FX Empire Analyst - Christopher Lewis
USD/CHF Forecast March 28, 2012, Technical Analysis
The USD/CHF pair had a very back and forth session on Tuesday as the market simply didn’t have much of a direction overall. The pair is currently in a the support zone that we have been watching lately, and are still waiting to see if we get that supportive candle that compels us to buy. With the Swiss National Bank working against the Franc overall, we are not keen to sell this pair, even with the obvious bearishness of the...
March 28, 2012| Market Vision TV
Elliott Wave Strategy USDCHF – Decline tracking for 89.30
USDCHF - Decline tracking for 89.30 #.
March 27, 2012| FX Empire Analyst - Christopher Lewis
USD/CHF Forecast March 27, 2012, Technical Analysis
The USD/CHF pair has been one that we have waiting for bullish signs on recently. The Monday action may be enough for us to abandon the idea of buying this pair, as the Dollar has been hit extremely hard by the comments of Fed Chairman Bernanke suggesting that the low interest rates should continue as long as possible. This takes the tightening quicker than expected thesis off of the table for the US, and as such we see the...
March 25, 2012| FX Empire Analyst - Christopher Lewis
USD/CHF Forecast March 26, 2012, Technical Analysis
The USD/CHF pair fell on Friday as the Dollar got hit in general. The 0.91 to 0.90 area continues to look as if it is supportive, so we aren’t willing to sell at this point. The Swiss National Bank is currently trying to keep the Franc weak, and as a result we aren’t buying it under any circumstances. The Dollar should continue to get support going forward as the US economy is actually expanding, something that Switzerland’s biggest customer, the...
March 25, 2012| FX Empire Analyst - Christopher Lewis
USD/CHF Forecast for the Week of March 26, 2012, Technical Analysis
The weekly candle that formed for the last 5 sessions in this pair is a breaking of the shooting star from the previous week. This is a very bearish sign, and under normal circumstances would have us shorting this pair. However, the Swiss franc isn’t a pair that we choose to own at the moment as the Swiss National Bank is currently trying to weaken the Franc, albeit against the Euro. Because of this, the Franc could be prone to...
March 23, 2012| FX Empire Analyst - Christopher Lewis
USD/CHF Forecast March 23, 2012, Technical Analysis
The USD/CHF pair rose during the session on Thursday as the 0.91 level showed signs of support yet again. The support level runs all the way down to the 0.90 level, so we feel this pair very well could bounce form this point. The breaking of the highs from the Thursday session signals a continuation of bullishness in this pair, and we wouldn’t hesitate to buy at that point. With the Swiss National Bank trying to keep the value of...
March 22, 2012| FX Empire Analyst - Christopher Lewis
USD/CHF Forecast March 22, 2012, Technical Analysis
The USD/CHF pair rose slightly during the Wednesday session as the Dollar got a bit of a boost against many currencies for the session. The 0.91 support level has been shown to be strong again, and as such we feel that this pair should travel higher form this point. The support level goes all the way down to a sub-0.90 level, and because of this we are looking to buy this pair on a breakout of resistance. Our point...
March 21, 2012| FX Empire Analyst - Christopher Lewis
USD/CHF Forecast March 21, 2012, Technical Analysis
USD/CHF rose during most of the session on Tuesday as the “risk off” trade came back just a bit. The pair has massive support from 0.91 to 0.90, and the 61.8% Fibonacci retracement level is just below the 0.90 handle. With this being said, and the fact that the Dollar is strong on the whole, we are looking for buying opportunities, and expect to see them somewhere in the next one numbered pips or so. On the first sign of...
March 20, 2012| Market Vision TV
Elliott Wave Strategy USDCHF – New Downtrend Developing!
USDCHF - New downtrend developing! #.
March 20, 2012| FX Empire Analyst - Christopher Lewis
USD/CHF Forecast March 20, 2012, Technical Analysis
USD/CHF fell again during the Monday session as the Dollar continued to lose a bit of steam overall. The 0.9100 level looks as if it is trying to hold, but until we see a supportive candle at the close of business, it is going to be difficult to buy this pair. Selling isn’t possible either with the obvious issues that the Swiss economy is going to have with its largest customer, Europe, going into recession. Because of this, we are...
March 18, 2012| FX Empire Analyst - Christopher Lewis
USD/CHF Forecast March 19, 2012, Technical Analysis
The USD/CHF pair fell again during the Friday session as the Dollar was sold off in general. The pair looks set to fall down to the 0.91 level as support. The pair looks bullish overall for us, but the last couple of session have been very bearish. The close at the very bottom of the range for Friday suggests that we are going down for a little while longer. However, the Swiss are far too exposed to the European Union...
March 18, 2012| FX Empire Analyst - Christopher Lewis
USD/CHF Forecast for the Week of March 19, 2012, Technical Analysis
The USD/CHF pair rose for much of the week but pulled back to finish lower. The resulting candle is a shooting star, and suggests that we could see a bit of a pullback at this point. However, we have the 0.90 level below that looks very supportive at this point, and we think that the market will run into massive support and buying there. The Swiss National Bank is continuing to work against the value of the Franc, albeit in...
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