Forex USD/CHF Intraday Analysis – June 30, 2011: Test Level 0.8276

Yesterday: Open 0.8369 0.8298 0.8322 High Low Close 0.8347  

There is no focus on economic data today for the USD/CHF.


Since it can touch the highest level of the daily movement of Frank 0.8369, tend to be bearish to closing the day at 0.8347 level.

The current movement of Frank look can still be bearish.  

Forex USD/CHF Intraday Analysis – 28 Jun 2011: Test Level 0.8281

Yesterday: Open High Low 0.8319 0.8350 0.8386 Close 0.8352

The focus of the economy today for USD/CHF is CHF UBS Consumption Indicator at 1: 00 pm.

Towards trade session of Europe started yesterday, Frank bearish condition of movement sideways. Got past the first level support at 0.8321. 

Forex USD/CHF Intraday Analysis - June 20, 2011: Testing Level 0.8553

Yesterday: Open 0.8476 High 0.8511 Low 0.8442 Close 0.8488

Yesterday Frank visible movement to try to penetrate the support level at 0.8430 but to no avail.

Currently Frank still looks bullish movement.

The focus of today's economy for the USD / CHF is EUR ECOFIN Meetings "All Day". 

Forex USD/CHF Intraday Analysis - June 13, 2011: Testing Level 0.8376

Yesterday: Open 0.8411 High 0.8436 Low 0.8396 Close 0.8433

Ever since Europeans began trading session yesterday, currency movements, Frank began to penetrate the bullish trend line and moving diagonally in the range of areas from the diagonal trend line is up to the daily closing level of 0.8433.

Currently visible movement of Frank trying to bullish.

There is no economic focus today for USD / CHF. 

Forex USD/CHF Intraday Analysis - June 10, 2011: Testing Level 0.8355

Yesterday: Open 0.8361 High 0.8446 Low 0.8355 Close 0.8412

Since trading began yesterday's Asian session, Frank currency movements tend to be sideways. But ahead of the European session begins start happening until the past upheavals increase the resistance level at 0.8414 in the range of 30 pips.

Currently Frank looks bearish movement.

There is no economic focus today for USD / CHF. 

Forex USD/CHF Intraday Analysis - June 9, 2011: Bearish Tend Combing Trenline

Yesterday: Open 0.8366 High 0.8381 Low 0.8347 Close 0.8363

All day yesterday Frank inclined sideways movement. But when Americans look a little bearish session about 30 pips.

Currently Frank's currency is still likely to move sideways.

There is no economic focus today for USD / CHF. 

Forex USD/CHF Intraday Analysis - June 6, 2011: Testing Level 0.8264

Yesterday: Open 0.8428 High 0.8448 Low 0.8331 Close 0.8337

Towards the beginning of the session yesterday America, Frank's freefall to penetrate the 0.8383 support level and even reached the lowest level at 0.8331 daily.

Currently Frank still looks bearish movement. However, the occurrence of rebound if necessary diwaspada stochashastic main line ride.

There is no economic focus today for USD / CHF. 

USDCHF is consolidation on 1 hour chart break of 0.8453 resistance further going up side toward 0.8513 and break of 0.8399 support further going down side toward extension (0.8333 on daily chart).USDCHF is possible breakout on down side as forming complex pattern.  On daily chart USDCHF reversed from 50% of 0.9337 to 0.8549, extension 0.8333-0.8064 area still in progress. If USDCHF won’t break of 0.8333 support then retracement possible on daily chart. On daily chart trend still on down trend remain same as reach at 0.8333-0.8067 area.

New High:0.8453, 0.8471, 0.8505.

New Low:0.8400, 0.8378, 0.8345.

USDCHF broke weekly support and going toward daily extesion. USDCHF broke consolidation on 1 hour chart on down side and going toward extension 0.8333-0.8069 area. On daily chart USDCHF reversed from 50% of 0.9337 to 0.8549, extension 0.8333-0.8064 area still in progress. If USDCHF won’t break of 0.8333 support then retracement possible on daily chart. On daily chart trend still on down trend remain same as reach at 0.8333-0.8067 area.

New High:0.8447, 0.8471, 0.8524

New Low:0.8382, 0.8356, 0.8337

Forex USD/CHF Intraday Analysis - June 1, 2011: Testing Level 0.8456

Yesterday: Open 0.8521 High 0.8547 Low 0.8466 Close 0.8541

Frank yesterday currency movements tend to move sideways in the range of 80 pips daily with the highest level at 0.8547 and at 0.8466 its lowest level daily.

Currently, Frank is shown being bearish, but need to watch line play Stochastic indicator is approaching oversold area.

The focus of today's economy for the USD / CHF are:

1. CHF Retail Sales y / y 
2. Indicators of purchasing managers to market conditions (CHF SVME PMI)  

Forex USD/CHF Intraday Analysis - May 31, 2011: Testing Level 0.8413

Yesterday: Open 0.8512 High 0.8532 Low 0.8492 Close 0.8523 : Testing Level 0.8413

All day yesterday, Frank in the sideways movement in the American market is being given a holiday.

Currently, Frank looks bearish movement.

The focus of today's economy for the USD/CHF are:

1. Report Gross Income Per Capita per quarter
2. Consumerism Indicators Report

Yesterday: Open 0.8730 High 0.8735 Low 0.8647 Close 0.8652 : Testing the Trends Diagonal Lines

Frank's new currency strong bearish move towards European trading began yesterday's session Friday to reach the 0.8597 support level. Even touching the lowest level at 0.8657 daily.

Currently Frank still looks bearish movement when playing the stochastic lines can not pass through the diagonal line.

There is no economic focus today for USD/CHF. 

Yesterday: Open 0.8730 High 0.8735 Low 0.8647 Close 0.8652  : Testing Level 0.8772

All day yesterday, Frank bearish movement step by step until a couple of times touched the first support level at 0.8653.
Overall daily high low range Frank in the range of 80 pips.

Currently, Frank looks sideways movement tends to bullish.

The focus of today's economy for the USD / CHF is the CHF KOF Economic Barometer.

Yesterday: Open 0.8797 High 0.8817 Low 0.8710 Close 0.8729 : Testing Level 0.8823

Yesterday Frank movement formed Double Top Pattern but nearly three times the experiment touching the 0.8708 level but without success.

Currently, Frank is still visible movement tends to bearish.

The focus of today's economy for the USD / CHF are:
1. CHF Trade Balance on  
2. CHF Employment Level

Forex USD/CHF Intraday Analysis - May 25, 2011: Shaping a potential Double Top Pattern Line Break When Level passes

Yesterday: Open 0.8837 High 0.8893 Low 0.8783 Close 0.8799

Ever since Europeans began trading session yesterday, Frank began a bearish movement to pass through the support level at 0.8816.

Currently Frank tends bullish movement is limited given the stochastic is in overbought indicators. Potential Double Top pattern when a line break at the 0.8765 level exceeded.

There is no economic focus today for USD / CHF.

Yesterday: Open 0.8774 High 0.8849 Low 0.8757 Close 0.8838

Frank currency movements have strong bullishhingga reach about 90 pips.

Currently Frank is a correction movement but still in a bullish trend big.

There is no economic focus today for USD/CHF.

The Double Top Pattern Alert Level Support When Imperturbable

Yesterday: Open 0.8809 High 0.8856 Low 0.8748 Close 0.8772

Since trading began yesterday's Asian session, Frank had a bearish movement leading to the break line at 0.8787. Further movement of currency Frank rebound toward the highest level at 0.8856 and the daily moments kemnudian Frank freefall back towards the first support level at 0.8764.

Overall daily high low range Frank Friday about 105 pips yesterday.

Currently, the visible movement of Frank tends bullish.

There is no economic focus today for USD / CHF.

Yesterday: Open 0.8811 High 0.8882 Low 0.8767 Close 0.8810

Since trading began yesterday's Asian session, Frank had a bearish movement to pass under the diagonal trend line to go to the lowest daily at 0.8767. Further movement toward Frank rebounded to its highest level daily at 0.8882 and passed a few pips above the resistance level at 0.8877.

Overall daily high low range Frank yesterday about 100 pips.

Currently, the visible movement of Frank tends bullish with line break level at 0.8787.

The focus of today's economy for the USD/CHF is the CHF Danthine Gov. Board Member Speaks at 8:30 pm.

Yesterday: Open 0.8803 High 0.8845 Low 0.8784 Close 0.8810

Since trading began yesterday's Asian session, the currency tends to move sideways Frank but by early European session, Frank currency movements had a bullish to penetrate the diagonal line and the correction of up to 50 pips daily reached its lowest level at 0.8784.

Currently Frank bullish currency movements tend to be sideways.

The focus of today's economy for the USD/CHF is the CHF ZEW Economic Expectations in at 16:00 pm.

When you have opened up opportunities to increase the resistance level 0.8877 and 0.8947.

Yesterday: Open 0.8842 High 0.8883 Low 0.8798 Close 0.8804

Entering the U.S. trading session yesterday, Frank currency movements had a fairly sharp bearish on the range of 85 pips from its peak level with the trend line through the diagonal. Even had time to touch the support level at 0.8798. Overall daily high low range Frank currency yesterday was about 85 pips.

Currently, Frank looks to rebound.

There is no economic focus today for USD / CHF.

When you have opened up opportunities to increase the resistance level 0.8877 and 0.8947.

Yesterday: Open 0.8937 High 0.8941 Low 0.8801 Close 0: 8843

Overall range high low daily currency Frank yesterday was about 140 pips. Since the initial session, Europe currency movements having Frank about 130 pips to bearish towards the level of the lowest daily at 0.8801. Next the rebound towards the daily closing level at 0.8843.

Currently visible movement of Frank is still bullish.

There is no focus of economics today for USD/CHF.

USD/CHF Technical Analysis- 05/April

By Praful Pata

USDCHF backed from 61.8% at 0.9208 from 0.9125 to 0.9340, extension 127.2% at 0.9396, 161.8% at 0.9470. USDCHF strong support is at 0.9176 if break of this support then next target will be 0.9125 on intraday. Break of 0.9282 resistance further going up side toward extension. In USDCHF minor resistance at 0.9252 break of this level further move up side toward 0.9310 on intraday.

Strategy: USDCHF buy 0.9235 target 0.9282, 0.9310 with stop loss 0.9152.

New High: 0.9246, 0.9281, 0.9265

New Low: 0.9176, 0.9211, 0.9195

Pivot Point: R3-0.9297, R2-0.9270, R1-0.9254, PP-0.9227, S1-0.9200, S2-0.9183, S3-0.9157.

Forex Trading EVO - USD/CHF Technical - 04/April

By Praful Patat

USDCHF retraced Fib No. 38.2% at 0.9141, extension 127.2% at 0.9369, 161.8% at 0.9489, near to Fib No. 61.8% at 0.9449 from 0.9776 to 0.8923. USDCHF strong support at 0.9152 if break of this support then next target will be 0.9091 on intraday. Break of 0.9312 resistance further going up side toward extension. In USDCHF minor support at 0.9140 and resistance at 0.9274.

Strategy: USDCHF buy from support or sell from resistance.

New High:  0.9287, 0.9367, 0.9314

New Low:   0.9127, 0.9207, 0.9154

Pivot: R3-0.9411, R2-0.9350, R1-0.9312, PP-0.9251, S1-0.9190, S2-0.9152, S3-0.9091.

Forex Trading - USD/CHF Technical Analysis - 31/March

USDCHF retraced at 0.9248 and backed from there, if continues going down then extension at 0.8692, 0.8402. USDCHF strong support at 0.9058 if break of this support then next target will be 0.9009 on intraday. Break of 0.9248 resistance further going up side toward 0.9349. In USDCHF minor support at 0.9140 and resistance at 0.9248.

Strategy: USDCHF buy from support or sell from resistance.

New High:  0.9229, 0.9280, 0.9234

New Low:   0.9127, 0.9178, 0.9132

Pivot: R3-0.9311, R2-0.9273, R1-0.9249, PP-0.9210, S1-0.9171, S2-0.9147, S3-0.9108.

USDCHF is retracing toward 0.9248, 0.9447 on 1 hour chart still in progress. USDCHF possible back from 0.9248, 0.9447 area and not back from this resistance then continues going up side toward 0.9572, 0.9686 next target. If USDCHF will back from 0.9248, 0.9447 area then down side target is 0.8702 in bigger range. Break of 0.9248 resistance further going up side toward 0.9349 and break of 0.9080 support further going down side toward 0.8994 on intraday.

Strategy: USDCHF buy from support or sell from resistance.

New High:  0.9201, 0.9242, 0.9209

New Low:   0.9118, 0.9159, 0.9126

Pivot: R3-0.9266, R2-0.9234, R1-0.9215, PP-0.9183, S1-0.9152, S2-0.9133, S3-0.9101.

USDCHF is retracing toward 0.9248, 0.9447 on 1 hour chart. USDCHF possible back from 0.9248, 0.9447 area and not back from this resistance then continues going up side toward 0.9572, 0.9686 next target. If USDCHF will back from 0.9248, 0.9447 area then down side target is 0.8702 in bigger range. In USDCHF minor resistance at 0.9261 if break of 0.9261 then further going up side toward 0.9361 on intraday.

Strategy: USDCHF buy from support or sell from resistance.

New High:  0.9206, 0.9290, 0.9281

New Low:   0.9038, 0.9122, 0.9113

Pivot: R3-0.9321, R2-0.9256, R1-0.9217, PP-0.9152, S1-0.9088, S2-0.9048, S3-0.8984.

USDCHF broke sideway movement on 1 hour chart on up side resistance and going toward 0.9196 resistance. Break of 0.9061 support, next target 0.8854 and then retrace possible. Break of 0.9245 resistance further going up side toward 0.9445 on daily chart, USDCHF extension at 0.8814, possibility to back from there for retracement.

Forex Strategy: USDCHF buy from support or sell from resistance

New High:  0.9085, 0.9140, 0.9138.

New Low:  0.8976, 0.9031, 0.9029.

USDCHF is continues going down side toward 0.8854, break of 8965 support, next target 0.8854 and then retrace possible. Break of 0.8996 daily PP further going down to 0.8854 next target and break of 0.9110 resistance further going up side toward 0.9201.On daily chart, USDCHF extension at 0.8814, possibility to back from there for retracement.

Strategy: USDCHF buy from support or sell from resistance

New High:  0.9033, 0.9111, 0.9063.

New Low:  0.8876, 0.8954, 0.8906.

Pivot: R3-0.9153, R2-0.9093, R1-0.9056, PP-0.8996, S1-0.8936, S2-0.8899, S3-0.8840.

USDCHF broke triangle on 4 hour chart and going toward extension 0.8854. Break of 0.8900 support further going down to 0.8854 next target. USDCHF tested lower trend line on daily chart and backed from there, going up side. On daily chart, USDCHF extension at 0.8814, possibility to back from there for retracement.

Strategy: USDCHF buy from support or sell from resistance

New High:  0.9139, 0.9202, 0.9143.

New Low:  0.9012, 0.9075, 0.9016.

Pivot: R3-0.9242, R2-0.9194, R1-0.9164, PP-0.9115, S1-0.9067, S2-0.9037, S3-0.8988.

USDCHF is continues going down side. USDCHF is forming triangle on 4 hour chart. Break of 0.9135 support further going down to

USDCHF is forming channel on 1 hour chart still in progress. USDCHF broke triangle on down side on 1 hour chart and trying to

USDCHF is forming channel on 1 hour chart. Break of 0.9291 support further going down to 0.9267 next target,  otherwise USDCHF is going

USDCHF retraced 61.8% at 0.9278 from 127.2% extension at 0.9363. Now USDCHF is going toward extension 127.2% at 0.9407

USDCHF is forming sideway movement on daily chart. USDCHF break of 0.9359, further going up side toward 0.9438, 0.9566. Break of 0.9257 support level further going down side toward 0.9196 level. Also down trend line pass at 0.9347 acts as minor resistance. If break of .9257, going down side to 0.8449, in bigger range and break of 0.9370 level further going up to 0.9843,1.0205. 

Finally USDCHF is retracing, still down trend in progress.  USDCHF is slowly going up, resistance at 0.9340. Break of this level continues doing up side 0.9370 and break of 0.9257 support level further going down side toward 0.9196 level. Also down trend line pass at 0.9347 acts as minor support. If break of .9257, going down side to 0.8449, in bigger range and break of 0.9370 level further going up to 0.9843,1.0205. 

USDCHF is still heading on weekly support. USDCHF is continues doing sideway movement on 1 hour chart, break of 0.9227 level next is 0.9180 and break of 0.9317 resistance level further going up side toward 0.9462 level. Also down trend line pass at 0.9347 acts as minor resistance. If break of .9257, going down side to 0.8449, in bigger range and break of 0.9347 level further going up to 0.9843,1.0205. 

USDCHF is heading on weekly support. In USDCHF at extension at 0.9257 which is Fib No. 127.2% from 0.9910, 1.2291 on weekly chart.  Now in USDCHF is more chance to going up side. Also down trend line pass at 0.9347 acts as minor resistance. If break of .9257, going down side to 0.8449, in bigger range and break of 0.9347 level further going up to 0.9843,1.0205. 

USDCHF break 0.9347 support line going toward 0.9257 which is Fib No. 127.2% from 0.99101.2291 on weekly chart.  Now USDCHF is going down side to 0.9257 and back from there on intraday. If break of .9257, going down side to 0.8449, in bigger range and break of 0.9347 level further going up to 0.9843,1.0205. 

USDCHF is forming like triangle, between 0.9347 to .9764. Now USDCHF is going down side to 0.9347 and back from there on intraday. If not break of .9347, going up side to 0.9505, 0.9608 and break of 0.9347 level further going down to 0.9257 support. In bigger range. Also doing ABCD pattern on daily chart from 0.9299 to 0.9780 still in progress and back from 74.6% Fib No. at 0.9422, extension at 0.9914 (127.2%), at 1.0083 (161.8%).

USDCHF reached Fib No 74.6% at 0.9441 from 0.9327 to 0.9774, if not break of .9405, going up side to 0.9895 in bigger range. Also doing ABCD pattern on daily chart from 0.9299 to 0.9780 still in progress and back from 74.6% Fib No. at 0.9422, extension at 0.9914 (127.2%), at 1.0083 (161.8%). If USDCHF back from 0.9500, 0.9441 area then going up to extension (127.7%) at 0.9897 where gartley pattern confirm on 4 hour chart.    

USDCHF reached Fib No 61.8% at 0.9500 from 0.9327 to 0.9774. Also doing ABCD pattern on daily chart from 0.9299 to 0.9780 and back from 74.6% Fib No. at 0.9422, extension at 0.9914 (127.2%), at 1.0083 (161.8%). Possibility to back from 0.9498 or 0.9441 today. If USDCHF back from 0.9500, 0.9441 area then going up to extension (127.7%) at 0.9897 where gartley pattern confirm on 4 hour chart.

Today USDCHF is likely to go toward 0.9498, 0.9442. USDCHF not break of 0.9628, going toward 0.9498 level. Yesterday USDCHF also form another counter ABCD pattern on 1 hour chart from 0.9774 to 0.9615 and back from Fib No. 74.6% at 0.9733, also tested  extension (127.2%) at 0.9572, now break of 0.9572 further going down side toward 161.8% at 0.9518 where daily support. Break of daily PP then going to 0.9665 resistance.

Finally USDCHF retrace after forming double top. USDCHF forming gartley patter on 4 hour chart, confirm at 0.9868 from 1.0065 to 0.9299. Also doing ABCD pattern on daily chart from 0.9299 to 0.9780 and back from 74.6% Fib No. at 0.9422, extension at 0.9914 (127.2%), at 1.0083 (161.8%). USDCHF likely to form another counter ABCD pattern from 0.9326 to 0.9774, (38.2%) at 0.9604, (61.8%) at 0.9498, also daily support here. Also form double top on 1 hour chart, break of 0.9783 going up side.

USDCHF forming gartley patter on 4 hour chart, confirm at 0.9868 from 1.0065 to 0.9299. Also doing ABCD pattern on daily chart from 0.9299 to 0.9780 and back from 74.6% Fib No. at 0.9422, extension at 0.9914 (127.2%), at 1.0083 (161.8%). USDCHF likely to form another counter ABCD pattern from 0.9326 to 0.9774, (38.2%) at 0.9604, (61.8%) at 0.9498, also daily support here. Also form double top on 1 hour chart, break of 0.9783 going up side.