Market review for 23 – 27.07.2012
USDCHF has formed a cycle top at 0.9971 on daily chart. Deeper decline to 0.9500 area would likely be seen. Key support is at 0.9421, as long as this level holds, the fall from 0.9971 is treated...
Market review for 25.07.12: The Euro increased despite negative news from Germany.
Market review for 9 – 13.07.2012
The American currency climbed by 97 pips against the Swiss franc as the US economy is pictured to grow even at a slow pace. Though the policy fog, the problems in Europe, the global slowdown are making...
USDCHF’s uptrend from 0.9421 extends to as high as 0.9886. Further rise could be expected over the next several days, and next target would be at 1.0000. Key support is at 0.9740, only break below this level...
Market review for 18.07.12: The Bank of England decided to keep its interest rate at a low record level of 0.5 %. Asian and European trading sessions:
Technical analysis for 18.07
The dollar fell sharply on disappointing results of the U.S. Advance Retail
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