By: Dima Chernovolov USD/CHF continues to rise inside the hourly Up Channel chart pattern which was previously identified by Autochartist. Autochartist rates the quality of this Up Channel at the 7-bar level – which is the result of the slow Initial Trend (4 bars), above-average Uniformity (6 bars) and strong Clarity (9 bars). USD/CHF is […]
By: Dima Chernovolov USD/CHF continues to rise inside the 30-minute Up Channel chart pattern which was identified previously by Autochartist. Autochartist rates the quality of this Up Channel at the 6-bar level – which is the result of the slow Initial Trend (4 bars), significant Uniformity (7 bars) and higher Clarity (8 bars). USD/CHF is […]
By: Dima Chernovolov USD/CHF continues to rise in the direction of the Key Resistance Level 0.9901 which was identified previously by Autochartist. Autochartist rates the Significance of this Key Resistance Level at the 5-bar level – which is the result of the five previous reversals from this price level. USD/CHF is expected to rise toward […]
The movement of USD/CHF towards 0.9870 price line is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 8 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines. […]
USD/CHF has broken through a line of 0.9936 and suggests a possible movement to 0.9879 within the next 3 days. It has tested this line numerous times in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement […]
USD/CHF is moving towards the resistance line of a Rising Wedge which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If USD/CHF continues in its current trajectory, […]
USD/CHF is heading towards the support line of a Channel Down. If this movement continues, we expect the price of USD/CHF to test 0.9902 within the next 3 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up […]
USD/CHF is heading towards a price line of 0.9951 and could reach this point within the next 2 days. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see […]
USD/CHF is heading towards the support line of a Falling Wedge. If this movement continues, we expect the price of USD/CHF to test 0.9925 within the next 10 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up […]
USD/CHF is heading towards the resistance line of a Ascending Triangle and could reach this point within the next 5 hours. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we […]
