USDCHF Price: A Bearish Trend Commences at $0.92  

Bears are exerting pressure

USDCHF Price Analysis – 14 February

The price may increase above $0.91 and get closer to the $0.92 hedge levels if the buying momentum can hold above the $0.90 resistance position. However, if merchandisers exert enough pressure to shift the price from the $0.89 to the $0.88 range, they can drive it below $0.87.

Key Levels:

Resistance levels: $0.90, $0.91, $0.92

Support levels: $0.89, $0.88, $0.87

USDCHF Long-term trend: Bearish

Throughout last week, the USDCHF chart shows an upward trend. Since the price originally surfaced at $0.88 three weeks ago, clients have benefited from the robust USDCHF market. Buyers controlled the USDCHF market as of December 10. Two days ago, the value of the two currencies was $0.92. A bearish engulfing candle pattern was seen close to the first recommended level. After that, the price started to decline by about $0.90. The formation of the head and shoulder chart pattern was noticed at the aforementioned resistance level. The current pricing goal is $0.89.

.92" width="1281" height="573" data-lazy-src="https://learn2.trade/wp-content/uploads/2025/02/Daily-40.png"/> A negative reversal impulse is indicated by the USDCHF exchange rate’s present position below the Hull Suite. The forex signal QQE MOD, which is skewed below the zero line, indicates price declines. The price may increase above $0.91 and get closer to the $0.92 hedge levels if the buying momentum can hold above the $0.90 resistance position. However, if merchandisers exert enough pressure to shift the price from the $0.89 to the $0.88 range, they can drive it below $0.87.

USDCHF Medium-term Trend: Bearish

USDCHF has a definite bearish medium-term outlook. A double top candle pattern close to the $0.90 barrier level had caused the currency pair to soar a few days prior. When a pin bar formed on January 13, the price made a successful effort to peak at $0.91. The current price is approximately $0.89. The just mentioned level may be penetrated by bears and the price may reach $0.88 level.

.92" width="1281" height="573" data-lazy-src="https://learn2.trade/wp-content/uploads/2025/02/4-hours-36.png"/> A bearish market is indicated when the currency pair trades below the Hull Suite signal. Offering anything for sale is advised if the QQE MOD is lower than zero.

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