Commentary of the USD/CHF parity :

The parity is currently making a correction and is testing the support at 1.0550. We maintain to trade only long positions as far as this level is support. A new breakout of 1.0580 will comfirm the take up of the bullish movement. However, if 1.0550 is broken, we will stay neutral on the parity between this level and 1.0494. We will then wait the breakout of one of these two bands to take position.

See the previous analysis of the USD/CHF parity of July 28th, 2010

Commentary of the USD/CHF parity :

The pullback on 1.0494 has been validated and the breakout of 1.0580 gave us a new buy signal. We maintain to trade only long positions as far as 1.0550 is support. The next resistance is at 1.0665. The breakout of this level will give a new buy signal. If 1.0550 is broken, we will stay neutral.

See the previous analysis of the USD/CHF parity of July 27th, 2010

Commentary of the USD/CHF parity :

The parity made a pullback on 1.0494 and also rebounded on the bearish slant. So, we maintain to trade only long positions as far as this level is support. The breakout of 1.0580 will give a new buy signal. However, if 1.0494 get back as resistance, we could trade again short positions.

See the previous analysis of the USD/CHF parity of July 26th, 2010

Commentary of the USD/CHF parity :

The parity broke its bearish slant, giving us a buy signal. We now advise to trade only long positions as far as 1.0494 is support. The breakout of 1.0580 will give a new buy signal. However, if 1.0494 is back as resistance, we could trade again short positions.

See the previous analysis of the USD/CHF parity of July 23th, 2010

Commentary of the USD/CHF parity :

The breakout of 1.05 gave us a sell signal. Currently, the parity is testing the support at 1.04. The break out of this level will give a new sell signal. We maintain to trade only short positions as far as the bearish slant (purple line) is resistance. In case of breakout, a buy signal will be given.

See the previous analysis of the USD/CHF parity of July 22th, 2010

Commentary of the USD/CHF parity :

The parity is currently testing a breakout of the support at 1.05. If validated, we could trade again short positions. The breakout of 1.04 will give a new sell signal. However, between 1.05 and 1.0580, we stay neutral on the parity.

See the previous analysis of the USD/CHF parity of July 21th, 2010

Commentary of the USD/CHF parity :

No moves on the parity which is still moving between 1.05 and 1.0580. We stay neutral on the parity as far as it is the case. We will wait a break out of one of these two bands to take position:
- Long if 1.0580 is broken
- Short if 1.05 is broken

See the previous analysis of the USD/CHF parity of July 20th, 2010

Commentary of the USD/CHF parity :

The correction seems to pursuit and the parity is now moving between 1.05 and 1.0580. We stay neutral on the parity as far as it is the case. We will wait a break out of one of these two bands to take position:
- Long if 1.0580 is broken
- Short if 1.05 is broken

See the previous analysis of the USD/CHF parity of July 19th, 2010

Commentary of the USD/CHF parity :

The parity opened on a bearish gap which has been fulfilled. We maintain to trade only short positions as far as 1.05 is resistance. The break out of 1.04 will give a new sell signal. However, if 1.05 is broken, we will stay neutral between this level and 1.0580.

See the previous analysis of the USD/CHF parity of July 15th, 2010

Commentary of the USD/CHF parity :

The pivot at 1.0580 acted perfectly as resistance and the parity is currently testing the lower band of its range 1.05/1.0665 (dotted black lines). The breakout of 1.05 will give a new sell signal. We maintain to trade only short positions as far as 1.0580 is resistance and will advise to trade long positions if this level become support again.

See the previous analysis of the USD/CHF parity of July 14th, 2010

Commentary of the USD/CHF parity :

The parity seems to move into a range between 1.05 and 1.0665 (dotted black lines). 1.0580 is back as resistance. This level could act as a pivot. Above, it is advisable to trade only long positions and below this level, it is advisable to trade only shorts. However, the true signal will be given by the exit of the range which will give us a buy signal (if 1.0665 is broken) or a sell signal (if 1.05 is broken).

See the previous analysis of the USD/CHF parity of July 13th, 2010

Commentary of the USD/CHF parity :

The break out of 1.0580 has been validated and the parity just made a pullback on this level as support. As far as this level is support, we advise to trade only long positions. The break out of 1.0665 will give a new buy signal. However, a return below 1.0580 will give a sell signal.

See the previous analysis of the USD/CHF parity of July 12th, 2010

Commentary of the USD/CHF parity :

Thep parity finaly broke up its bearish slant and is currently testing a break out of the resistance at 1.0580. If validated, a buy signal will be given. We will then advise to trade only long positions as far as this level is support. However, a return below 1.0580 is bearish.

See the previous analysis of the USD/CHF parity of July 9th, 2010

Commentary of the USD/CHF parity :

The parity is currently testing the support at 1.05 and also its bearish slant. The break out of this level will give a new sell signal. We maintain to trade only short positions as far as 1.0580 is resistance. If this level is broken, a buy signal will be given.

See the previous analysis of the USD/CHF parity of July 8th, 2010

Commentary of the USD/CHF parity :

The parity continues its bearish movement and the breakout of 1.0580 gave us a new sell signal. We maintain to trade only short positions as far as 1.0662 is resistance. The break out of 1.05 will give a new sell signal. However, if 1.0662 is broken, a buy signal will be given.

See the previous analysis of the USD/CHF parity of July 7th, 2010

Commentary of the USD/CHF parity :

1.0580 seems to act as support. The parity is currently testing the upper band of its descending bevel. We maintain to trade only short positions as far as 1.0662 is resistance. The break out of 1.0580 will give a new sell signal. However, the break out of 1.0662 will allow us to trade long positions.

See the previous analysis of the USD/CHF parity of July 6th, 2010

Commentary of the USD/CHF parity :

The lower band of the bevel is resistance and 1.0610 is still support. The break out of this level will give a new sell signal. We maintain to trade only short positions as far as the upper band of the bevel is resistance. In case of break out, a buy signal will be given.

See the previous analysis of the USD/CHF parity of July 5th, 2010

Commentary of the USD/CHF parity :

The lower band of the bevel is resistance and 1.0610 is still support. The break out of this level will give a new sell signal. We maintain to trade only short positions as far as the upper band of the bevel is resistance. In case of break out, a buy signal will be given.

See the previous analysis of the USD/CHF parity of July 2nd, 2010

Commentary of the USD/CHF parity :

The break out of 1.0760 gave us a new sell signal. Then, the parity broke the lower band of its descending bevel and is currently testing the support at 1.0610. The break out of this level will give a new sell signal. We maintain to trade only short positions as far as the upper band of the bevel is resistance. In case of break out, a buy signal will be given.

See the previous analysis of the USD/CHF parity of July 1st, 2010

Commentary of the USD/CHF parity :

The parity continues its bearish movement into its descending bevel. The parity is currently testing the support at 1.0760. The break out of this level will give a new sell signal. We maintain to trade only short positions as far as the parity is moving into its bevel. If an exit occur, we will stay neutral. Then, the break out of 1.09 will allow us to trade long positions.

See the previous analysis of the USD/CHF parity of June 30th, 2010