The Greenback continued to trade firm against most of the FX majors on the event of continued correction in the prices of most of the asset classes especially the equities. Double dip depression in the US is...
The recent announcement from the SNB (to set the Swiss Franc at minimum 1,20 against the Euro) has at last allowed a significant bounce on the pair which also benefits from the Dollar relative strengh.
The Dollar Index (DX) continued to appreciate after finding support at 73.60 ranges on August 29, 2011 on the event of softer equity bourses across the world. Double dip depression in the US is still glooming resulting...
The recent announcement from the SNB (to set the Swiss Franc at minimum 1,20 against the Euro) has at last allowed a significant bounce on the pair which also benefits from the Dollar relative strengh.
The USD/CHF pair rose on Friday, and continues to hover above the 200-day moving average. Most traders recognize a breaking of the 200-day moving average as a trend change, and we certainly noticed the breaking of the...
USDCHF broke above 0.8240 resistance and reached as high as 0.8863, suggesting that the uptrend from 0.7067 has resumed. Further rise could be seen after a minor consolidation, and next target would be at 0.9500 area.
The US Dollar stepped back against the background of an increase in the stock
The break back above 0,8250 has validated a bullish reversal (cup&handle) which confirm a bullish outlook.
The USD/CHF pair had a very quiet day on Wednesday, which is understandable since the day before had roughly an 800 pip range. The pair hasn’t pulled back yet, but after the recent action in it, we...
Franc dropped after the announcement of the National bank of Switzerland.
