USD/CHF Analysis (August 20)
The pair has been consolidating all week after the sharp bounce we saw since August 10 and following the statement from SNB vice president about a possible future peg of the swiss franc on the Euro which...
Tag: USDCHF
USDCHF Analysis – August 20, 2011
USDCHF is now facing the resistance of the downtrend line on daily chart, pullback to 0.7400-0.7500 area would likely be seen before breaking above the trend line resistance. Initial support is at 0.7770, a break below this...
USD/CHF Technical Analysis August 19, 2011
The USD/CHF pair remains somewhat stagnant as the trading community currently fears whatever means the Swiss National Bank are willing to take in order to keep the value of the Franc down.
19th August, 2011 – Daily Forex Report by GFM Research
Most of the asset classes, especially the equity bourses succumbed to selling pressure resulting in the Dollar Index recovering again from important support of 74.00 ranges. The Dollar Index is range bound between 73.40-76.70 ranges; historic correlation...
Forex-Metal Daily Analysis – 18/08/2011
US Dollar drops against competitors. Asian and European trading sessions: Euro: Today the EUR/USD pair managed to show a strong positive dynamics and almost reached the $1.4500 maximum. Released negative Euro-zone Consumer price index did not pressure...
USD/CHF Analysis (August 18)
The pair remains very well bid after its sharp rally from last week but it is currently consolidating.
USD/CHF Technical Analysis August 18, 2011
The USD/CHF had a consolidation day on Wednesday as traders are digesting the move by the Swiss National Bank to devalue the Franc.
18th August, 2011 – Daily Forex Report by GFM Research
The US Dollar Index lost about 0.25% to near important support of 73.40 ranges, most of the asset classes are trading stable after witnessing unprecedented volatility during past couple of weeks especially the equity bourses across the...
USD/CHF Technical Analysis August 17, 2011
The USD/CHF pair had a bullish day on Tuesday as session saw a retest of the bullishness on Monday. The Swiss National Bank is set to make an announcement on Wednesday as to their intentions to devalue...
USD/CHF Analysis (August 17)
The pair remains very well bid after a consolidation period in the beginning of the week.