By: Dima Chernovolov USD/CHF continues to fall inside the hourly Rectangle chart pattern which was identified previously by Autochartist. Autochartist rates the quality of this Rectangle at the 6-bar level – which reflects the slow Initial Trend (1 bar), strong Uniformity (9 bars) and substantial Clarity (8 bars). USD/CHF is expected to fall further inside […]
USD/CHF is moving towards the resistance line of a Triangle. Because we have seen it retrace from this line before, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 7 days and may test it again within the […]
USD/CHF is heading towards the resistance line of a Channel Up. If this movement continues, we expect the price of USD/CHF to test 0.9929 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 […]
The movement of USD/CHF towards the support line of a Channel Down is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 14 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound […]
USD/CHF has broken through a support line of a Channel Up and suggests a possible movement to 0.9888 within the next 9 hours. It has tested this line 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 […]
USD/CHF is moving towards a line of 0.9818 which it has tested numerous times in the past. We have seen it retrace from this positions in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If USD/CHF continues in its current trajectory, we […]
By: Dima Chernovolov USD/CHF continues to rise inside the daily Down Channel chart pattern which was recently previously by Autochartist. Autochartist rates the quality of this Down Channel at the 5-bar level – which reflects the average Initial Trend (5 bars), lower Uniformity (4 bars) and medium Clarity (5 bars). USD/CHF is expected to rise […]
USD/CHF has experienced an exceptionally large movement higher by 1.21% from 0.973 to 0.985 in the last 9 days. Did you know that our social media feeds are updated only 3x per day, and don’t look at short term movements? If you open a live account with a broker that support Autochartist, you’ll get: Analysis […]
The breakout of USD/CHF through the 0.9784 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, we expect the price of USD/CHF to test 0.9765 within the next 9 hours. One should always be cautious before placing a trade, wait for confirmation […]
USD/CHF has broken through the support line which it has tested twice in the past. We have seen it retrace from this position before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target line of around 0.9731 can be expected within the next 2 days. Did […]
