USD/CHF Analisis

Dmitriy Enrst

Active Trader
Mar 14, 2015
186
2
34
USDCHF was not able to settle above 0.9500 level and decreased through to 0.9400. On Friday dollar increased to 0.9462 level. If bulls break 0.9500, they are likely to test 0.9542 resistance level. If they don't break it, there will be a downward trend, I guess.
USDCHFH1pn_2425323_17508604.png
 

Steve Lock

Master Trader
Feb 28, 2015
202
1
52
usdchf-h1-riston-capital-ltd.png


Key support remains around 0.9255. A clear break and daily/weekly close below that area would activate my bearish mode retesting 0.9070.
 

Steve Lock

Master Trader
Feb 28, 2015
202
1
52
usdchf-h1-riston-capital-ltd.png


Intraday bias in USD/CHF remains neutral for the moment. More sideway trading could be seen between 0.9232 and 0.9542.
 

Dmitriy Enrst

Active Trader
Mar 14, 2015
186
2
34
USDCHF had a positive mood and tested 0.9415 resistance area. But this level was very strong, so the pair went to 0.9385. If bulls can't settle above 0.9400 level, the pair will test 0.9307 support, and then 0.9218. If it breaks 0.9400, there will be growth trough to 0.9500.
USDCHFH1pn_2381187_17838780.png
 

Steve Lock

Master Trader
Feb 28, 2015
202
1
52
Intraday bias in USD/CHF remains on the upside for the moment. Rebound from 0.9072 has just resumed and should target 61.8% retracement of 1.0127 to 0.9072 at 0.9724.

 

Dmitriy Enrst

Active Trader
Mar 14, 2015
186
2
34
Sellings of USDCHF were closed at 0.9586 level. So, now I looking for pair dynamics and trying to predict its behavior. Now it’s difficult to do at middle-terms prospects.
USDCHFH1pn_2073143_18132183.png
 

Steve Lock

Master Trader
Feb 28, 2015
202
1
52


USDCHF has held the initial test of the top of a short term channel at .9660 today and I would allow for some near term slippage. Longs reinstated 0.9560. I'm going to sell with TP at 0.9525 and stop loss 0.9435. Exit 0.9850.
 

Steve Lock

Master Trader
Feb 28, 2015
202
1
52
usdchf-h1-riston-capital-ltd-2.png


The USD/CHF pair initially rallied during the session on Thursday, but will back to form a bit of a shooting star. With that being the case, the 0.97 level looks as if it is going to be somewhat resistive.
 

Steve Lock

Master Trader
Feb 28, 2015
202
1
52
usdchf-h1-riston-capital-ltd.png


The USD/CHF pair went back and forth during the course of the day, but it did break above the 0.98 handle which of course was a very bullish sign. With that, we feel that this market continues to go higher, and it’s only a matter time before the buyers get involved.
 

Dmitriy Enrst

Active Trader
Mar 14, 2015
186
2
34
On H1 chart we can see that the currency pair USD/CHF yesterday was groing again and, when had reached a local maximum, bounced off the upper boundary of the rising trading channel. Now the pair is trading around the support level 0,9861. If the pair will manage to overcome this barrier, we should sell the pair to the support level of 0,9821, where near the lower border of the channel, you should look for an entry point to buy. Resistance levels for today are 0,9922 and 0,9962.
USDCHFH1pn_4522971_18378050.png
 

Steve Lock

Master Trader
Feb 28, 2015
202
1
52
usdchf-h1-riston-capital-ltd.png


The USD/CHF pair did very little during the session on Friday, as we continue to bounce around just below the 0.98 handle. With that being the case, the market looks as if it is ready to continue going higher, but we need to clear the 0.98 level in order to start buying.
 

Steve Lock

Master Trader
Feb 28, 2015
202
1
52
usdchf-h1-riston-capital-ltd.png


The USD/CHF pair fell significantly during the course of the session on Thursday, testing the 0.96 handle. This is the beginning of massive support all the way down to the 0.95 handle, so we are waiting to see whether or not we get some type of supportive candle in order to start going long.
 

Steve Lock

Master Trader
Feb 28, 2015
202
1
52
usdchf-h1-riston-capital-ltd.png


The USD/CHF pair fell hard during the course of the week, slamming into the 0.95 handle. With that being the case, we should see some type of buying pressure underneath, but it might take a while for it to show up. Once it does, we would be interested in going long, but at this point in time we simply do not have the signal to start doing so and as a result we have to stand on the sidelines and wait for that to happen.
 

Steve Lock

Master Trader
Feb 28, 2015
202
1
52
usdchf-h1-riston-capital-ltd.png


The USD/CHF pair broke higher during the course of the week, slamming into the 0.98 region. Because of this, we feel that the US dollar will continue to strengthen against the Swiss franc, and we feel that pullbacks at this point in time should be buying opportunities. However, there are enough support and resistance barriers in the immediate future to keep us on shorter-term charts.
 

Steve Lock

Master Trader
Feb 28, 2015
202
1
52
usdchf-h1-riston-capital-ltd.png


The USD/CHF pair rose during the course of the day on Tuesday, breaking the top of the shooting star from Monday. Because of this, we feel that this market is going to continue to go higher, and therefore we feel that the market is going to be targeting the 0.98 handle, and then the 0.99 level.
 

Dmitriy Enrst

Active Trader
Mar 14, 2015
186
2
34
Bounce of the pair from the level of 9530, I think, will entail a new attempt to grow to resistance 0.9880. In addition, on Friday the pair closed above the serious level 9660, which eariler was broken by it only with the 4-5th attempt. The nearest goal of the pair dollar/franc - 0.9745 resistance.
USDCHFH1pn_7246758_18864067.png
 

Steve Lock

Master Trader
Feb 28, 2015
202
1
52
usdchf-h1-riston-capital-ltd.png


The USD/CHF pair fell during the course of the week, testing the 0.95 handle. Ultimately, we did up forming a hammer, so we believe that this market will continue to go higher. The 0.95 level should be massively supportive, and as a result we believe that this market will eventually reach towards the 0.99 level and then the parity level given enough time. However, there really isn’t much room to move at the moment for longer-term trades, so having said that we believe that short-term traders will probably be the ones that move this market.