USD/CHF down to 0.9631
Approaching Support level of 0.9631 identified at 20-Sep-2018 07:00 EDT
USD/CHF down to 0.9632
Descending Triangle identified at 17-Sep-2018 05:00 EDT. This pattern is still in the process of forming. Possible bearish price movement towards the support 0.9632 within the next 2 days.
8 pip movement on USDCHF expected
Based on the last 12 Consumer Confidence Flash events in Euro Area, we expect a 8 pip movement on USDCHF within 2 hours following the event release at 23 Oct 15:00 (Europe/London).
Are you on the right side of Markit Manufacturing PMI Flash
Based on the last 12 Markit Manufacturing PMI Flash events in Germany, we expect USDCHF to trend down later today. Based on these past events there is a 75.0% of this.
What to trade around Existing Home Sales
Based on the last 12 Existing Home Sales events in United States, we expect USDCHF to trend up later today. Based on these past events there is a 85.7 of this.
Daily Forex Update: USD/CHF
By: Dima Chernovolov USD/CHF recently broke the daily Up Channel chart pattern which was recently identified by Autochartist. Autochartist rates the quality of this Up Channel at the 8-bar level – which is the result of the sharp Initial Trend (10 bars), significant Uniformity (7 bars) and higher Clarity (8 bars). USD/CHF is expected to […]
Daily Forex Update: USD/CHF
By: Dima Chernovolov USD/CHF continues to fall inside the daily Up Channel chart pattern which was previously identified by Autochartist. Autochartist rates the quality of this Up Channel at the 8-bar level – which is the result of the sharp Initial Trend (10 bars), average Uniformity (5 bars) and strong Clarity (9 bars). USD/CHF is […]
Daily Forex Update: USD/CHF
By: Dima Chernovolov USD/CHF continues to fall inside the hourly Down Channel chart pattern which was previously identified by Autochartist. Autochartist rates the quality of this Down Channel at the 9-bar level – which is the result of the sharp Initial Trend (10 bars), strong Uniformity (7 bars) and near-maximum Clarity (9 bars). USD/CHF is […]
Daily Forex Update: USD/CHF
By: Dima Chernovolov USD/CHF continues to rise inside the daily Rising Wedge chart pattern which was previously identified by Autochartist. Autochartist rates the quality of this Rising Wedge at the 5-bar level – which is the result of the slow Initial Trend (one bar), average Uniformity (5 bars) and higher Clarity (9 bars). USD/CHF is […]
Daily Forex Update: USD/CHF
By: Dima Chernovolov USD/CHF recently reversed down from the top of the daily Up Channel chart pattern which was recently identified by Autochartist. Autochartist rates the quality of this Up Channel at the 8-bar level – which is the result of the sharp Initial Trend (10 bars), average Uniformity (6 bars) and near-maximum Clarity (9 […]