USD / CHF: Outlook for 2009

Catégorie [ $ / CHF ]

Long term: above UQ (1.3598)?

 On a yearly basis, our indicators are always bearish. But yearly close will be above LY. Next year, our stochastic and MACD will be oversold together. MY (1.3783) could be a target.

On a quarterly basis, a bullish divergence is in progress with our stochastic and MACD. With this hypothesis, PQ (1.2589) is our first objective and UQ (1.3598) is the next one if UM (1.2718) fails as a resistance.

On a monthly basis, Bollinger bands spread is maximal.  MM failed as a resistance, PQ (1.2589) is our next target and UM (1.2718) is the next one. A bullish divergence is in progress with our stochastic and our MACD.

Idea: above UM soon or monthly bullish pre-parallel pattern.