Forex Analysis for USD/CHF

28.06.2022EURUSD, “Euro vs US Dollar”After completing the ascending wave at 1.0614, EURUSD is correcting down to 1.0555. Later, the market may trade upwards to reach 1.0629 and then resume falling with the target at 1.0440.GBPUSD, “Great Britain Pound vs US Dollar”GBPUSD has finished the ascending w...

27.06.2022EURUSD, “Euro vs US Dollar”EURUSD is consolidating around 1.0555. Possibly, the pair may form one more ascending structure towards 1.0630. Later, the market may trade downwards to break 1.0550 and then continue falling with the target at 1.0440.GBPUSD, “Great Britain Pound vs US Dollar”GBP...

24.06.2022USDCAD, “US Dollar vs Canadian Dollar”As we can see in the H4 chart, after forming a Harami reversal pattern close to the support level, USDCAD may reverse in the form of another ascending impulse. In this case, the upside target may be the resistance area at 1.3095. Later, the market may ...

24.06.2022EURUSD, “Euro vs US Dollar”EURUSD is still consolidating around 1.0525. Possibly, the pair may form one more ascending structure towards 1.0619. Later, the market may trade downwards to break 1.0500 and then continue falling with the target at 1.0400.GBPUSD, “Great Britain Pound vs US Doll...

23.06.2022USDCHF, “US Dollar vs Swiss Franc”As we can see in the H4 chart, USDCHF is trading inside the “oversold area”. In this case, the pair is expected to test -1/8, break it, and then continue growing to reach the resistance at 0/8. However, this scenario may be cancelled if the price breaks th...

23.06.2022EURUSD, “Euro vs US Dollar”After forming a new consolidation range around 1.0520 and then expanding it up to 1.0600, EURUSD is expected to form one more ascending structure towards 1.0619. Later, the market may trade downwards to break 1.0500 and then continue falling with the target at 1....

22.06.2022EURUSD, “Euro vs US Dollar”After completing the correction at 1.0577, EURUSD is forming a new descending structure to break 1.0395 and may later continue falling with the target at 1.0210.GBPUSD, “Great Britain Pound vs US Dollar”GBPUSD has finished the correctional wave at 1.2320; right n...

21.06.2022USDCAD, “US Dollar vs Canadian Dollar”As we can see in the H4 chart, after forming a Shooting Star reversal pattern close to the resistance level, USDCAD may reverse in the form of another descending impulse. In this case, the downside target may be the support area at 1.2870. Later, the m...

21.06.2022EURUSD, “Euro vs US Dollar”After expanding the consolidation range up to 1.0545, EURUSD is forming a new descending structure to test 1.0490 from above. Later, the market may start another growth to reach 1.0620 and then resume falling with the target at 1.0447, or even extend this structu...

20.06.2022EURUSD, “Euro vs US Dollar”The pair is forming a consolidation range around 1.0500. With an escape upwards, the correction might continue to 1.0620, followed by a decline to 1.0220. With an escape downwards, a pathway directly to 1.0220 will open.GBPUSD, “Great Britain Pound vs US Dollar”T...

17.06.2022EURUSD, “Euro vs US Dollar”The pair has formed w consolidation range around 1.0440 and with an escape upwards suggests a correction to 1.0620. Then the trend is likely to continue down to 1.0380. And if this level is also broken, a pathway to 1.0270 will open.GBPUSD, “Great Britain Pound v...

16.06.2022USDCAD, "US Dollar vs Canadian Dollar"On H4, USDCAD formed a Hammer at the support level. Going by the signal, the pair currently get into another ascending impulse. The goal of the growth will be 1.3030. However, the price can still drop to the support level of 1.2870 with a subsequent bo...

16.06.2022EURUSD, “Euro vs US Dollar”The currency pair demonstrated a declining wave to 1.0364. Today the market is continuing with a correction. Growth to 1.0520 is not excluded. Practically, there is a consolidation range forming around 1.0440. With an escape upwards, correction might develop to 1...

16.06.2022USDCHF, "US Dollar vs Swiss Franc"On H4, the quotes are above the 200-days Moving Average, which means prevalence of the uptrend. A test of 2/8 is expected, followed by a breakaway and growth to the resistance level of 3/8. The scenario can be cancelled by a breakaway of the support level ...

15.06.2022EURUSD, “Euro vs US Dollar”The pair completed a wave of correction to 1.0477. Today the market keeps developing a declining wave to 1.0400, and with a breakaway of this level downwards, a pathway to 1.0270 will open.GBPUSD, “Great Britain Pound vs US Dollar”The pair completed a wave of dec...

14.06.2022EURUSD, “Euro vs US Dollar”The pair completed a declining wave to 1.0400. A link of correction to 1.0500 might occur, followed by a decline to 1.0270. After this level is reached, a link of correction to 1.0500 is expected.GBPUSD, “Great Britain Pound vs US Dollar”The pair demonstrated a d...

10.06.2022USDCAD, “US Dollar vs Canadian Dollar”As we can see in the H4 chart, after forming a Doji reversal pattern close to the resistance level, USDCAD may reverse in the form of another descending impulse. In this case, the downside target may be at 1.2595. However, an alternative scenario impli...

10.06.2022EURUSD, “Euro vs US Dollar”After expanding the consolidation range up to 1.0770 and then rebounding from this level EURUSD is forming a new descending wave with the target at 1.0585 or even extend this structure down to 1.0544. Later, the market may start another correction to reach 1.0660...

09.06.2022GBPUSD, “Great Britain Pound vs US Dollar”GBPUSD is rebounding from the bullish channel’s downside border. The instrument is currently moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test the cloud’s downside border at 1.252...

09.06.2022USDCHF, “US Dollar vs Swiss Franc”In the H4 chart, after breaking the 200-day Moving Average, USDCHF is trading above to indicate a possible ascending tendency. In this case, the pair is expected to continue growing to reach the resistance at 5/8. However, this scenario may be cancelled if...

09.06.2022EURUSD, “Euro vs US Dollar”EURUSD is consolidating above 1.0707. Possibly, today the pair may expand the range up to 1.0765 and then resume falling to break 1.0670. Later, the market may continue trading downwards with the target at 1.0590.GBPUSD, “Great Britain Pound vs US Dollar”GBPUSD i...

08.06.2022EURUSD, “Euro vs US Dollar”EURUSD has completed the correction at 1.0713; right now, it is falling to break 1.0674 and may later continue trading downwards to reach 1.0630. After that, the instrument may resume growing to test 1.0674 from below and then start a new decline with the target ...

07.06.2022USDCAD, “US Dollar vs Canadian Dollar”As we can see in the H4 chart, after forming several reversal patterns, such as Engulfing, close to the support level, USDCAD is reversing in the form of another ascending impulse. In this case, the upside target may be at 1.2670. However, an alternati...

07.06.2022USDJPY, “US Dollar vs Japanese Yen”USDJPY has fixed above the bullish channel’s upside border. The instrument is currently moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test Tenkan-Sen and Kijun-Sen at 132.05 and then resu...

07.06.2022EURUSD, “Euro vs US Dollar”EURUSD has completed the descending wave at 1.0675 and may later correct up to 1.0710. After that, the instrument may resume falling to break 1.0640 and then continue moving within the downtrend with the target at 1.0585.GBPUSD, “Great Britain Pound vs US Dollar”...

06.06.2022EURUSD, “Euro vs US Dollar”EURUSD is forming a new descending wave towards 1.0674 and may later correct up to 1.0720. After that, the instrument may resume falling to break 1.0627 and then continue moving within the downtrend with the target at 1.0585.GBPUSD, “Great Britain Pound vs US Dol...

03.06.2022EURUSD, “Euro vs US Dollar”Having completed the ascending structure at 1.0693 and formed a new consolidation range there, EURUSD has broken it to the upside and may continue the correction up to 1.0763. Later, the market may fall to break 1.0674 and then continue moving within the downtren...

02.06.2022USDCHF, “US Dollar vs Swiss Franc”As we can see in the H4 chart, USDCHF is trading below the 200-day Moving Average to indicate a possible descending tendency. In this case, the pair is expected to rebound from 3/8 and then resume falling to reach the support at 1/8. However, this scenario...

02.06.2022USDCAD, “US Dollar vs Canadian Dollar”As we can see in the H4 chart, after forming several reversal patterns, such as Inverted Hammer, close to the support level, USDCAD is reversing in the form of another ascending impulse. In this case, the upside target may be at 1.2700. However, an alt...

02.06.2022EURUSD, “Euro vs US Dollar”Having completed the descending impulse at 1.0650, EURUSD is forming a new consolidation range there. If later the price breaks the range to the downside, the market may resume moving within the downtrend with the short-term target at 1.0555.GBPUSD, “Great Britai...