USD/CHF (a 4 hour chart)
Frank, as well as the euro, could not work out the upper boundary of the Ichimoku cloud. The pair continues its northern movement. The buy signal is strong and proven as the Chinkou Span is above the price, and the price itself is above the Ichimoku cloud. The pair has formed a "golden cross".
The main goal of the upward movement is the resistance level 0.9335. The price almost reached it on Wednesday. If price consolidates above this level it will continue growing to 0.9406.
Another factor of the upward movement is the fact that the price is above the Kijun-sen (0.9256) and the Ichimoku cloud. If the price is fixed below the Kijun sen “golden cross” will be weakened, perhaps that will become the beginning of a correction.
Indicator Bollinger expands indicating the northern movement.
MACD is up. The change of its direction might be a signal of a correction.
At the moment we have a strong buy signal. It is recommended going long. The first target of the upward movement is 0.9335 level. If the level is worked out the price will grow to 0.9406.
Stop-loss is better to set below the Kijun-sen (0.9256). Take profit targets set up by 5-10 points.