USDCHF stays within a downward price channel on daily chart, and remains in downtrend from 0.9511. Another fall could be expected after consolidation, and next target would be at 0.8900 area.
Market Commentary Amidst volatile session witnessed in the benchmark equity index of Dow Industrials (.DJIA) the Dollar Index (DX) ended flat after swinging between 79.89 and 79.42. The Dollar Index after finding support at 79.00 ranges is...
Market Commentary The US Dollar traded mixed wherein it has depreciated against the Euro and Swiss Franc whereas it continued appreciating against the Japanese Yen and the Aussie. The Dollar Index after finding support at 79.00 ranges...
Market Commentary The Dollar Index is finding support at 79.00 ranges to currently trade firm at 79.75 resulting in correction in most of the asset classes especially in the benchmark equity index of the Dow Industrials (.DJIA)....
USDCHF remains in downtrend from 0.9511, and the fall extends to as low as 0.9083. Further decline would likely be seen next week, and next target would be at 0.9000 area. Resistance is located at the upper...
Market Commentary The US Dollar Index is showing resilience at the key support of 79.00 ranges on the event of correction witnessed in most of the asset classes, especially in the benchmark equity index of Dow Industrials...
Market Commentary The US Dollar Index recovers from key support of 79.00 ranges on the event of correction witnessed in most of the asset classes, especially in the benchmark equity index of Dow Industrials (.DJIA). The Dollar...
Market Commentary The US Dollar continued to depreciate across the board; the Dollar Index (DX) continued to fall for continuous sixth session. The Dollar Index is currently trading flat at 79.37 after correcting from intermediate resistance of...
Technical analysis for 18.12
Market Commentary The US Dollar continued to depreciate across the board; the Dollar Index (DX) continued to fall for continuous sixth session. The Dollar Index is currently trading flat at 79.37 after correcting from intermediate resistance of...