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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 – 28th Nov to 2nd Dec 2016

Previous USDCHF Weely Forex Forecast Technical Outlook: USDCHF has triggered a bearish signal with the doji and Friday’s lower close. Still, price was rejected near the support at 1.0128 meaning that price could consolidate above this level. Short positions are recommended only below 1.0128 for a target to 0.9934. In the event that price continues […]

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USDCHF Weekly Forex Forecast – 21st to 25th Nov 2016

  Previous USDCHF Weely Forex Forecast Technical Outlook: USDCHF rallied to a 9-month high last week, closing on Friday at 1.0098 after a bullish close above the doji’s high formed on Wednesday. Price is near the major resistance level of 1.0128 which could be tested in the near term, but could signal a correction soon. […]

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USDCHF Weekly Forex Forecast – 14th to 18th Nov 2016

Technical Outlook: USDCHF is back near the resistance level of 0.9871 – 0.9845 last week. But we see on the 4-hour chart of the hidden bearish divergence that has formed. Price could be seen rising towards 0.9914 – 0.9934 in the near term but look out for a reversal here, which could see USDCHF push […]

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USDCHF Weekly Forex Forecast – 7th to 11th Nov 2016

Technical Outlook: USDCHF initially bounced off the 0.9871 support and then broke down with strong declines. Price action also broke through the next support at 0.9773 followed by 0.9700. Further downside could see USDCHF test 0.9650. The 4-hour Stochastics however is showing the potential for a bullish divergence to be formed which could see price […]

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USDCHF Weekly Forex Forecast – 31st Oct to 4th Nov 2016

Technical Outlook: USDCHF broke through the rising wedge pattern after a brief consolidation near 0.9934 resulting in a sharp decline to the lower median line and the major support zone sitting at 0.9871 – 0.9845. This could offer some short term support to prices as USDCHF is bound to retrace the declines. As long as […]

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USDCHF Weekly Forex Forecast – 24th to 28th Oct 2016

Technical Outlook: USDCHF briefly dipped to the support zone of 0.9871 – 0.9845 before rallying higher. However, this is not what was expected and therefore the upside could be limited from now on. Price action on USDCHF also shows the rising wedge pattern that has formed which could indicate a near term correction to the […]

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USDCHF Weekly Forex Forecast – 17th to 21st Oct 2016

Technical Outlook: USDCHF continued its bullish uptrend last week after prices managed to rebound strongly from just below the 0.9800 price level. Price action quickly managed to breach the resistance level of 0.987 – 0.9845 closing the week above this resistance level. However, the Stochastics points to a possible bearish divergence on the chart which […]

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USDCHF Weekly Forex Forecast – 10th to 14th Oct 2016

Technical Outlook: USDCHF reached the upside target above 0.9783 from last week’s analysis. With prices reversing just a few pips below the major resistance of 0.9845 – 0.9871, we can expect to see a near term pull back in USDCHF to the downside. The support level at 0.9700 – 0.9707 remains a ripe target to […]

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USDCHF Weekly Forex Forecast – 26th to 30th Sept 2016

Technical Outlook: USDCHF briefly tested the support near 0.9650 before posting a strong bullish candle from this support. With prices closing above 0.9700, further upside can be seen in USDCHF which could now target 0.9783. The bias remains to the upside as long as support at 0.9700 holds out with further gains to come targeting […]

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USDCHF Weekly Forex Forecast – 26th to 30th Sept 2016

Technical Outlook: USDCHF posted a strong reversal with minor support at 0.9783 failing to hold the declines. This resulted in a strong decline in prices with support at 0.9700 holding as support for now. In the near term we can expect further declines in USDCHF which will see price testing support at 0.9650. However, expect […]

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