USD/CHF Technical Analysis
(US Dollar / Swiss Franc)

usdchf
usdchf


Updated the:
07/23/2014
USD/CHF : Resumption of the uptrend ?

Sentiment :
sentiment sur la parité AUD/USD
0.90
sentiment sur la parité AUD/USD
0.8970
sentiment sur la parité AUD/USD

--- Follow up analysis ---
The pair USD/CHF released yesterday from the top of its range of consolidation between 0.8970 and 0.8987, giving us a new buy signal. The course is now moving just above the upper limit of its medium term bullish channel (purple dotted lines). In the short term, the price is alos moving within a bullish channel (orange lines). This morning, the price is about to reach the retracement 0% at 0.9037 (high of June).

We continue to advise long positions (buy) as far as 0.90 (lower limit of the short term channel) is support. The breakout of 0.9037 will give a new buy signal and should open the way towards 0.91.

In case of return below 0.90, we will advise you to remain neutral between this level and 0.8970 (lower limit of the channel).
Full analysis

Analysis published by Bruno Dupray, the 07/23/2014 at 08h55 GMT+2


Chart of the pair USD/CHF - Timeframe 1H
USD/CHF Technical Analysis

Chart of the pair USD/CHF - Timeframe 4H
USD/CHF Technical Analysis

Live USD/CHF Chart - Timeframe : 1H*
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