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Category Archives for "USDCHF Weekly Forex Forecast"

Every week we recap the previous week and forecast the following week where we think the USDCHF will be heading in our USDCHF Weekly Forex Forecast. We know you will like our short but concise USDCHF analysis.

USDCHF Weekly Forex Forecast – 14th to 18th Aug 2017

Technical Outlook: USDCHF rallied towards 0.9730 before pulling back. However, the higher low formed suggests a potential inverse head and shoulders pattern forming on the daily chart. Watch for a reversal at the current levels of 0.9619. This would mark the right shoulder pattern being formed. To the upside, a breakout from the neckline resistance […]

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USDCHF Weekly Forex Forecast – 7th to 11th Aug 2017

Technical Outlook: USDCHF has finally managed to bounce off the lows near 0.9564. Price action hit 0.9730 on Friday before posting a modest pullback. We can expect to see a near term inverse head and shoulders pattern that could be forming. Watch for USDCHF to dip back to 0.9612 where the left shoulder was formed […]

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USDCHF Weekly Forex Forecast – 31st July to 4th Aug 2017

Technical Outlook: USDCHF managed to close higher on Friday. We expect to see a bottom being formed in place already. Resistance is likely to be established near 0.9703. Another higher low being formed could confirm the upside move. Therefore watch for any dips between 0.9730 and 0.9564. A break out above 0.9730 will signal a […]

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USDCHF Weekly Forex Forecast – 24th to 28th July 2017

Technical Outlook: The Swiss franc continued to gain strength as USDCHF is seen at a one year low. Initially the rebound off 0.9564 support held but with a lower high being formed, price action eventually slipped past this support level. Regardless of the price action bias currently, there is still scope for USDCHF to post […]

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USDCHF Weekly Forex Forecast – 17th to 21st July 2017

Technical Outlook: USDCHF has been consolidating within 0.9730 ad 0.9564 levels of resistance and support. This sideways range could be breached with a break out from either of the two levels. To the downside, further weakness can be seen if USDCHF breaks out from the 0.9564 support. To the upside, above 0.9730, we can expect […]

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USDCHF Weekly Forex Forecast – 10th to 14th July 2017

  Technical Outlook: USDCHF posted a brief rally only to give up some of the gains by Friday. However, this higher low after the dip to 0.9564 will signal a potential continuation to the upside. USDCHF could be facing resistance at 0.9730. However, a breakout above this level could signal a continuation to the upside. […]

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USDCHF Weekly Forex Forecast – 3rd to 7th July 2017

Technical Outlook: USDCHF posted a decline towards 0.9564 and completed the descending triangle pattern. On Friday, price action promptly closed bullish off this support at 0.9564. A reversal continuation off this support could signal a move back to the upside. Initial resistance could be developed at 0.9730. However, watch for signs of a higher low […]

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USDCHF Weekly Forex Forecast – 26th to 30th June 2017

Technical Outlook: USDCHF extended the declines last week, however there is scope that price action could be forming a higher low. A break out above 0.9730 is required for USDCHF to reverse the current trend. The higher low along with a breakout above 0.9730 will signal a continuation towards 0.9861 where the previously breached support […]

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USDCHF Weekly Forex Forecast – 19th to 23rd June 2017

  Technical Outlook: USDCHF has formed a bottom with price consolidating near 0.9730. A continuation to the upside is required for USDCHF to test the previously broken support level of 0.9894 – 0.9861. If resistance is established here on the counter trend move, USDCHF could be seen pushing lower in the coming weeks. The downside […]

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USDCHF Weekly Forex Forecast – 12th to 16th June 2017

Technical Outlook: USDCHF has formed a temporary bottom testing a 7-month low at 0.9657. The reversal comes just a few pips away from the main target of the descending triangle pattern at 0.9564. In the near term, if the reversal sustains, then USDCHF could be seen testing the breached descending triangle support of 0.9861 – […]

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