USDCHF Analysis – January 26, 2013
Being contained by the resistance of the upper line of the price channel on daily chart, USDCHF pulls back from 0.9388, suggesting that that a cycle top is being formed.
Tag: USDCHF
USD/CHF: Greenback Falls, Swissie Strengthens
The USDCHF currency pair trends lower today as fiscal issues hound the world’s largest economy. The US dollar falls to the Swiss franc on improved sentiment for the Swiss nation.
USDCHF Analysis – January 19, 2013
USDCHF remains in downtrend from 0.9971, the rise from 0.9083 is likely consolidation of the downtrend. Key resistance is at 0.9511, as long as this level holds, we’d expect downtrend to resume, and another fall towards 0.8500...
USD/CHF: Greenback Forecast to Bounce Back on Corporate Earnings, Consumer Sentiment
The US dollar is still projected to bounce back from its current bearish price correction opposite the Swiss franc after matching an almost two-month high earlier today. Price action has fallen to as low as 0.9333 after...
GFM Research – FX Daily Report, January 16, 2013
Market Commentary The Dollar Index is trading at 79.50 ranges, near the support of the sideways trading range of 79.00-81.00 formed since couple of months; next leg of weakness in the USD is expected only on the...
GFM Research – FX Daily Report, January 15, 2013
Market Commentary The US Dollar traded mixed wherein it has traded weak against the Euro and the Aussie; continued to appreciate against the Japanese Yen and traded flat against the Cable. The Dollar Index is trading at...
USDCHF Analysis – January 13, 2013
USDCHF has formed a cycle top at 0.9302 on daily chart. Further decline to test 0.9083 support could be seen next week, a breakdown below this level will signal resumption of the downtrend from 0.9511, then next...
USDCHF Analysis – January 6, 2013
USDCHF breaks above the upper line of the price channel on daily chart, suggesting that the downward movement from 0.9511 had completed at 0.9083 already. Further rise is possible, and the target would be at 0.9400-0.9500 area.
Daily FX Perspective January 04, 2013 – GFM Research
Market Commentary The Dollar Index continued appreciating after finding support at 79.00 ranges to currently trade at 80.75 with 81.20-81.50 acting as short term resistance. As against historic inverse correlation between the benchmark equity index of the...
Daily FX Perspective January 02, 2013 – GFM Research
Market Commentary The US Dollar traded mixed on the last day of 2012 wherein it has depreciated against the Cable and continued appreciating against the Yen and traded flat against the Euro, Swiss France and the Aussie....