logo

FX.co ★ Patterns USDCHF | US Dollar (USD) to Swiss Franc (CHF) Rate in the Forex market

USDCHF M5

Bullish Symmetrical Triangle
According to the chart of M5, USDCHF formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.8877/0.8883 whereas the upper border goes across 0.8891/0.8883. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of USDCHF will breach the upper border to head for 0.8898.
2021-01-26

USDCHF M30

Bearish Symmetrical Triangle
According to the chart of M30, USDCHF formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 0.8837 is breached. Here, a hypothetical profit will equal the width of the available pattern that is -30 pips.
2021-01-25

USDCHF H1

Bearish Symmetrical Triangle
According to the chart of H1, USDCHF formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 0.8837 is likely to encourage a continuation of the downward trend.
2021-01-22

USDCHF M30

Bearish Symmetrical Triangle
According to the chart of M30, USDCHF formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 0.8837/0.8851 and upper border is 0.8871/0.8851. The pattern width is measured on the chart at -34 pips. The formation of the Bearish Symmetrical Triangle pattern evidently signals a continuation of the downward trend. In other words, if the scenario comes true and USDCHF breaches the lower border, the price could continue its move toward 0.
2021-01-22

USDCHF H1

Double Bottom
The Double Bottom pattern has been formed on USDCHF H1; the upper boundary is 0.8855; the lower boundary is 0.8846. The width of the pattern is 10 points. In case of a break of the upper boundary 0.8855, a change in the trend can be predicted where the width of the pattern will coincide with the distance to a possible take profit level.
2021-01-22

USDCHF M30

Triple Bottom
The Triple Bottom pattern has formed on the chart of USDCHF M30. Features of the pattern: The lower line of the pattern has coordinates 0.8871 with the upper limit 0.8871/0.8855, the projection of the width is 24 points. The formation of the Triple Bottom pattern most likely indicates a change in the trend from downward to upward. This means that in the event of a breakdown of the resistance level 0.8847, the price is most likely to continue the upward movement.
2021-01-22

USDCHF M15

Triple Bottom
The Triple Bottom pattern has formed on the chart of the USDCHF M15 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case of breakdown of 0.8871/0.8853.
2021-01-22

USDCHF M5

Bearish Rectangle
According to the chart of M5, USDCHF formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.8890 - 0.0000 and support 0.8883 – 0.8883. In case the resistance level 0.8883 - 0.8883 is broken, the instrument is likely to follow the bearish trend.
2021-01-21

USDCHF M5

Bullish Symmetrical Triangle
According to the chart of M5, USDCHF formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.8899/0.8904 whereas the upper border goes across 0.8909/0.8904. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of USDCHF will breach the upper border to head for 0.8919.
2021-01-20

USDCHF M5

Inverse Head and Shoulder
According to M5, USDCHF is shaping the technical pattern – the Inverse Head and Shoulder. In case the Neckline 0.8883/0.8883 is broken out, the instrument is likely to move toward 0.8898.
2021-01-19