23-OCT-2022
USDCHF: breaking multi year trendline. next hurdle will be 1.0345. Break of that, we can see big BULL MOVE.
BEARISH SCENARIO:
23-OCT-2022
USDCHF: breaking multi year trendline. next hurdle will be 1.0345. Break of that, we can see big BULL MOVE.
BEARISH SCENARIO:
https://rajtechanalysis.blogspot.com/2021/05/gbpchf-analysis-may-2021.html
https://rajtechanalysis.blogspot.com/2021/01/gbpchf-analysis-january-2021.html
As per my previous analysis, USDCHF reached upside target.
CMP: 0.9008; RES: 0.9046; SUP: 0.8900/0.8755
As long as 0.9046 resists, we can see some more downside towards 0.8930 and
if 0.8900 supports, we can see big reversal towards 0.9100/0.9131/0.9155...
CMP: 0.6785; RES: 0.6879/0.6916
As per my analysis, AUDCHF topped out at 0.6916 for this up trend and started downside correction. If this view correct, we can more fall.
Downside targets: 0.6779, 0.6688, 0.6543.
ANALYSIS 27-Jan-2021
CMP: 1.2174; RES: 1.2257; SUP: 1.1681
If 1.2257 resists and a break of 1.2141, we can see more fall towards 1.2000.
I expect this up move to be completed as ending diagonal and start to make at least corrective down move.
As long as 1.2257 resists, my preference is sell on rise.
CMP: 0.8867; SUP: 0.8837; RES: 0.8919
Break of 0.8919, we will see 0.9000-0.9038.
CMP: 0.8867; RES: 1.0344; SUP: 0.7064;
Based on weekly chart,
Res: 0.8966/0.9206/0.9294.
Minimum target on the down side done at 0.9091/0.8808 but no signals of reversal yet.
Extensions can be 0.8634, 0.8572, 0.8317, 0.8917.
CMP: 1.2163; RES; 1.2203; sUP: 1.1597
From April 2020, GBPCHF is trading in a range.
Will it break this time?
Break of 1.2203, we will see 1.2743, 1.3013, 1.3451, 1.3618.
If 1.2203 resists, we can see 1.2120. and a break of 1.2060, more fall can be seen.
ANALYSIS 19-Jan-2021
CMP: 0.6998; RES: 0.7957; SUP: 0.5900
Based on Daily Chart,
Res: 0.7051/0.7203/0.7253
As long as the above resistances hold, we will see
0.6822-0.6766, 0.6676, 0.6626, 0.6550, 0.6503.
Reversal 1st target 0.7637/0.7957.
ANALYSIS 17-Jan-2021
CMP: 116.51; RES: 117.87/118.61; SUP: 105.95
As long as 117.87 resists, we can see 113.5-112
Targets: 116.16, 115.05, 113.31, 112.13, 110.51, 109.45.