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USDCHF 4H Chart: Set for breakoutThe US Dollar has been bound in several long and short-term patterns which have guided the price lower since October 2017. The currency pair is likely to continue falling within the following trading sessions in line with the medium-term pattern. The pair is currently trading near the border of the junior channel and could breach the upper boundary in the short term. If and when this situation happens, the rate would encounter a resistance cluster set by the combination of the 200-hour simple moving average and the weekly R1 near 0.9428. Traders should look for opportunities to trade either direction if the aforementioned scenario occurs. 
by UnknownUnicorn890690
GBPCHF4H Chart: Full review The Pound Sterling has been constrained by a descending channel against the Swiss Franc after hitting the weekly pivot point near 1.3515. The upper boundary of a junior channel was reached on January 25. The Sterling's inability to make a new wave up suggests that it might breach the dominant channel in the next few hours. Technical indicators flash bearish signals during the following trading sessions; therefore, the currency exchange rate is likely to decline further until it finds support at the monthly and weekly PPs near the 1.2888 mark.
Short
by WizzyPips
GBP/CHF 4H Chart: Bearish market The British Pound has been depreciating in a channel down against the Swiss Franc after it touched the upper boundary of a dominant channel on January 22. Meanwhile, a breakout occurred through the lower boundary of a triangle pattern as can be observed on the chart. During the following trading sessions, the GBP/CHF pair is likely to continue its bearish path until it meet a support cluster of the weekly and monthly pivot points near the 1.2888 mark. In addition, technical indicators are all giving signal to sell the pair.
Short
by UnknownUnicorn890690
2
GBP/CHF 4H Chart: At crossroadsThe Pound has recently decline against the Swiss Franc due to not being able to pass the resistance of a medium scale ascending pattern. However, it was already expected that the pattern will be broken. Instead the currency exchange rate has begun a decline to a support cluster near lower trend line of the most dominant ascending pattern. That indicates that the pair should surge and break the resistance of the short term and medium term patterns. Although, in regards to the short term the situation has become unclear, as the short term pattern’s resistance has stopped the recent rebound.
by UnknownUnicorn890690
EUR/CHF 4H Chart: Breakout channelDuring a long period of time the large scale triangle pattern on the EUR/CHF was the main point of attention. However, as it has been already reviewed, the pair broke out to the upside. Meanwhile, the aftermath of the break out has resulted in a medium scale channel up pattern taking the lead. Moreover, the currency exchange rate recently bounced off a strong support cluster, where the lower trend line of the just mentioned pattern made the final push. In regards to the near future, the currency pair is set to hit the combined resistance of the weekly and monthly R1s at the 1.1780 mark.
Long
by UnknownUnicorn890690
1
EUR/CHF 4H Chart: Encounters unclear resistanceThe common European currency is still being supported by a medium term trend line against the Swiss Franc. However, recently there have been new developments. The pair seems to be being held back by the resistance of the 1.1720 mark. Although, no clearly visible explanation for the existence of the resistance can be seen. Most recently the pair found support in the combination of the weekly PP and the 55-period SMA at the 1.1660 mark. Due to that reason another approach of the before mentioned resistance is about to occur.
Long
by UnknownUnicorn890690
CHF/JPY 1D Chart: About to be squeezed inThe two top risk off currencies have reached a critical level on the daily chart one against another. The pair recently bounced off the lower trend line a dominant pattern and moved to the resistance of a junior channel down. The resistance is strengthened by various additional resistance levels near the 114.50 mark. Due to that reason a decline down in the future can be expected. However, downwards there are set to be various support levels before the pair reaches it eventual target near the 113.35 level. At that level the dominant patterns support line is located with other weekly and monthly support levels.
by UnknownUnicorn890690
AUD/CHF 4H Chart: Meets Resistance The Australian Dollar is trading against the Swiss Franc simultaneously in two ascending channel patterns. One of them is a dominant one, while the second one represents a rebound in the borders of the larger pattern. Recently the pair revealed junior pattern after a bounce off from the resistance near the 0.7720 mark. It has to be mentioned that the junior channel’s trend lines seem to be indicating only an approximate zone of week strength. The trend lines on their own do not seem to poses the needed strength to change the direction of the pair. In general, in the near future the currency exchange rate is likely going to decline down to the supports levels just below the 0.7670 mark.
Long
by UnknownUnicorn890690
EUR/CHF 4H Chart: Fibonacci rebound The common European currency has recently formed a narrow ranged ascending channel pattern against the Swiss Franc on the four hour charts. The reason for the formation of the channel was a rebound against a Fibonacci retracement level. Namely, after reaching a new high level the Euro began a retreat against the Swiss Franc and eventually plummeted in the second half of September. By using that high level as the 00.00% Fibonacci level and the 2017 low level as the 100% mark, one could have predicted that the pair will rebound against the 1.1388 mark, where the 23.60% retracement is located. Meanwhile, in regards to the short term, the pair is set to approach two pivot points until it makes another attempt at the 2017 high level.
Long
by UnknownUnicorn890690
CHF/JPY 4H Chart: Reaches Long Term SupportThe previous forecast for the Swiss Franc against the Japanese Yen lasted only in the short term. On a medium scale a medium term resistance line showed enough strength for the pair to descend in a new pattern. Most recently the descending channel pattern has reached a massive scale long term support line. The line is strengthened by various levels of significance that surround them. Below it the weekly and monthly S1s are located at the 114.40 mark. Just above it, at 114.70 level, the 23.60% Fibonacci retracement level is located at. All of these levels together with two clusters of resistance at 115.00 and 115.40 are likely going to squeeze in the pair.
Long
by UnknownUnicorn890690
AUD/CHF breaks long term patternThe Australian Dollar recently marked another bounce off from the resistance of the 2017 high level against the Swiss Franc. As a result a medium scale channel pattern has formed. The descending channel managed to break through the support of the previously active large scale pattern. Most recently the Aussie made attempts to regain its losses. However, the pair failed to rebound, as the previously active patterns support acted as a resistance together with the weekly PP and the 55-period SMA just above the 0.7619 mark. Due to the combination of the minor factors it is expected that the pair will decline down to the 0.7558 level, where the weekly S1 and the 61.80% Fibonacci retracement level are located at.
Short
by UnknownUnicorn890690
CHF/JPY about to break outThe situation on the CHF/JPY currency pair is hard to understand at first glance. However, if one keeps it short, the currency rate is surging in three various ascending patterns simultaneously. Although, in accordance with the patterns the currency pair is about to experience a period of rather flat trading or a surge. The reason for that is the fact that an ascending triangle pattern has been formed during the recent weeks. The rate is either going to fall down to the 114 mark, where close by various levels of support are located at, or surge up to the 115.50 mark, where the weekly R2 is at.
Long
by UnknownUnicorn890690
USD/CHF long term long outlookRecently the US Dollar reached historical low levels against the Swiss Franc. However, after flirting with the low level below the 0.9450 mark the currency exchange rate has rebounded. The historical low levels where consistent with the massive scale descending channel pattern's lower trend line, which is a clear signal for a long term surge. The rebound is occurring in a recently mapped ascending channel pattern, which is a medium scale representation of a larger move. The larger move is a descending pattern, which is almost parallel to the most dominant pattern. Meanwhile, its trend lines are consistent with the Fibonacci retracement levels of the recent year low and high levels. In regards to the short term, the pair is most likely going to decline to the 23.60% Fibo at the 0.9650 mark and afterwards once more approach the 0.9715 mark, where the weekly R1 is located at.
Long
by UnknownUnicorn890690
3