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Action Insight: USDCHF Technical Outlook

Action Insight is the most popular section of the site, read by traders around the world. Our team of analysts work around the clock, analyzing the markets from technical and fundamental perspectives in providing the reports in this section to you.



USD/CHF Weekly Outlook Print E-mail
USDCHF Outlook | Written by ActionForex.com | May 18 13 10:28 GMT
USD/CHF's rally extended last week and regained momentum again toward the end. Mentioned 100% projection of 0.9021 to 0.9566 from 0.9206 at 0.9751 was already met and there is no sign of topping. Initial bias is on the upside this week and current rally would now extend to retest 0.9971 resistance next. On the downside, break of 0.9578 minor support is needed to indicate short term topping. Otherwise, outlook will stay bullish even in case of retreat.
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USD/CHF Mid-Day Outlook Print E-mail
USDCHF Outlook | Written by ActionForex.com | May 17 13 13:14 GMT
USD/CHF continues to stay below 0.9747 temporary top and intraday bias remains neutral. More consolidations could be seen but in case of another fall, downside should be contained by 0.9520 support. Further rally is still expected and above 0.9747 should extend the rise from 0.9021 towards 0.9971 key resistance next.
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USD/CHF Daily Outlook Print E-mail
USDCHF Outlook | Written by ActionForex.com | May 17 13 04:04 GMT
Intraday bias in USD/CHF remains neutral for some more consolidations below 0.9747 temporary top. But downside should be contained by 0.9520 support and bring another rise. Above 0.9747 should extend the rise fro 0.9021 towards 0.9971 key resistance next.
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USD/CHF Mid-Day Outlook Print E-mail
USDCHF Outlook | Written by ActionForex.com | May 16 13 13:16 GMT
A temporary top is in place at 0.9747 in USD/CHF and intraday bias is turned neutral for the moment. Some consolidations would be seen but downside should be contained by 0.9520 support and bring another rise. Above 0.9747 should extend the rise fro 0.9021 towards 0.9971 key resistance next.
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USD/CHF Daily Outlook Print E-mail
USDCHF Outlook | Written by ActionForex.com | May 16 13 06:57 GMT
USD/CHF lost some momentum after hitting 0.9747 but there is no clear sign of topping yet. Further rally is still expected as long as 0.9520 support holds. Break of 100% projection of 0.9021 to 0.9566 from 0.9206 at 0.9751 will target 0.9971 key resistance next.
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USD/CHF Mid-Day Outlook Print E-mail
USDCHF Outlook | Written by ActionForex.com | May 15 13 13:47 GMT
USD/CHF rose to as high as 0.9747 so far today, just inch below mentioned target of 100% projection of 0.9021 to 0.9566 from 0.9206 at 0.9751. Intraday bias remains on the upside and break of 0.9751 will target 0.9971 key resistance next. On the downside, break of 0.9520 is needed to signal short term topping. Otherwise, outlook will stay bullish even in case of retreat.
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USD/CHF Daily Outlook Print E-mail
USDCHF Outlook | Written by ActionForex.com | May 15 13 04:56 GMT
USD/CHF's rally resumes after brief consolations and reaches as high as 0.9673 so far. Intraday bias is back on the upside. Current rebound from 0.9021 is still in progress for 100% projection of 0.9021 to 0.9566 from 0.9206 at 0.9751. On the downside, break of 0.9520 is needed to signal short term topping. Otherwise, outlook will stay bullish even in case of retreat.
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USD/CHF Mid-Day Outlook Print E-mail
USDCHF Outlook | Written by ActionForex.com | May 14 13 12:45 GMT
Intraday bias in USD/CHF remains neutral and some more consolidations could be seen below 0.9627 temporary top. In case of another fall, downside should be contained above 0.9436 support and bring rally resumption. Above 0.9627 will extend the whole rebound from 0.9021 to 100% projection of 0.9021 to 0.9566 from 0.9206 at 0.9751.
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USD/CHF Daily Outlook Print E-mail
USDCHF Outlook | Written by ActionForex.com | May 14 13 05:07 GMT
With 4 hours MACD crossed above signal line, a temporary top is formed at 0.9627 in USD/CHF and intraday bias is turned neural first. Some consolidations would be seen but downside should be contained by 0.9436 support and bring another rally. Above 0.9627 will extend the whole rebound from 0.9021 to 100% projection of 0.9021 to 0.9566 from 0.9206 at 0.9751.
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USD/CHF Mid-Day Outlook Print E-mail
USDCHF Outlook | Written by ActionForex.com | May 13 13 12:59 GMT
Intraday bias in USD/CHF remains on the upside for the moment. Current rise from 0.9021 is still in progress and should target 100% projection of 0.9021 to 0.9566 from 0.9206 at 0.9751. On the downside, below 0.9476 minor support will turn bias neutral and bring consolidations first before staging another rally.
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