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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 – 24th to 28th April 2017

Technical Outlook: USDCHF posted a brief high before pulling back after breaking out from the falling pitchfork. However, this higher low could signal a bullish continuation if we get to see a positive open on Monday. USDCHF remains on track to test the resistance level of 1.0172 with the downside limited to the strong support […]

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

Technical Outlook:  USDCHF has been giving up some of its gains as price fell to 1.0007 briefly last week. With the upside break out in the USDCHF, we can expect to see the bullish momentum take the currency pair further to the upside towards 1.01730 resistance level which was previously tested. This bullish bias remains […]

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

Technical Outlook: USDCHF has maintained gains despite the risk aversion sentiment last week. Price has breached the outer median line closing at 1.0084 on Friday. However, the Stochastics is currently in the oversold levels and could signal a near term pull back in prices. Therefore, it is ideal to look for a dip in USDCHF, […]

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

Technical Outlook: USDCHF has been steadily rising after prices formed support near 0.9894 – 0.9861. The bullish rally continues to the upside and price action is likely to push closer back to 1.015 – 1.0172 region where resistance is likely to be formed yet again. With the daily Stochastics moving up from the oversold levels, […]

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USDCHF Weekly Forex Forecast – 27th to 31st Mar 2017

Technical Outlook: USDCHF has been posting a steady decline but the price action is indicating a strong medium term correction to prices. However, expect to see the upside in prices only above 0.9949 which remains as a resistance level. A breakout above this resistance level will be indicative of a continuation to the upside, targeting […]

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USDCHF Weekly Forex Forecast – 20th to 24th Mar 2017

Technical Outlook: USDCHF broke down sharply below the rising trend line which extended the declines down to 1.0012. Further downside could be expected if the current retracement stalls near 1.0012 where resistance could now be established. However, there is scope for USDCHF to break above 1.0012 in which case we can expect to see the […]

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USDCHF Weekly Forex Forecast – 13th to 17th Mar 2017

Technical Outlook: USDCHF has maintained its bullish bias but the weekly price action shows increasingly smaller bodies compared to the weekly ranges. This is indicative of a potential exhaustion to the trend in the near term with last week’s high of 1.0170 testing the 50% retracement level from the range established from the previous weekly […]

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USDCHF Weekly Forex Forecast – 6th to 10th Mar 2017

Technical Outlook: USDCHF has been consolidating for the most part last week with prices seen hovering near 1.0096 support/resistance level. The current declines are expected to continue, which could see USDCHF slip towards 1.0010 support level, which will mean a breach of the rising trend line as well. USDCHF is biased to remain sideways/range bound […]

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USDCHF Weekly Forex Forecast – 27th Feb to 3rd Mar 2017

Technical Outlook: USDCHF rallied back to 1.0100 last week but the price action is starting to look convincing to the downside with the movement coming in within the broadening wedge pattern. As long as price doesn’t breakout above the highs of 1.0140, USDCHF could be looking weaker as prices will target 0.9934 support level followed […]

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USDCHF Weekly Forex Forecast – 20th to 24th Feb 2017

Technical Outlook: USDCHF has beeen range bound within 1.0060 and 0.9934 with no directional bias being established. This indicates that the sideways range will sooner or later breakout to establish the trend. For the moment, it is evident that resistance at 1.0100 – 1.0060 has been firm enough to pin down prices, meaning that there […]

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