USD/CHF (a 4 hour chart)
The buy signal is strong and confirmed. The Chinkou Span is above the price and the price is being traded above the Ichimoku cloud. The buy signal will be actual as long as the pair is being traded above the Cloud.
On Friday the pair corrected to the level 0.9415. If the price consolidates below Ichimoku cloud it should weaken the buy signal and can be the beginning of a downtrend.
The Tenkan-Sen is below the Kijun-Sen, the Tenkan-Sen is directed upwards, the Kijun-Sen is directed sideways. The Chinkou Span is below the price chart, the Cloud is growing.
Bollinger Bands are narrowing.
MACD is in a positive area, the histogram is going down. If the histogram turns up that might be a signal for an upward movement.
The pair is being corrected after going north last week. The Correction may continue this week. We believe that the correction target is the level 0.9080 (0.9090).
The pair can rebound from support line 0.9415 up. In this case, the pair returns to the northern movement. The first target level is 0.9450. Foothold on it, the pair will continue to grow towards 0.9480.