EURUSD
USDCHF moves sideways in a narrow range between 0.8931 and 0.9333. Support is at 0.8931, a breakdown below this level will signal resumption of the downtrend from 0.9594, then deeper decline towards 0.8600 could be seen. On...
The euro strengthened amid positive results of auctions of Italy, Spain, and Netherlands governments’ bonds.
The US dollar became more expensive amid the upcoming meeting of the
USDCHF continues its sideways movement in a range between 0.8931 and 0.9333. Key support is at 0.8931, a breakdown below this level will trigger another fall towards 0.8600. On the other side, a break above 0.9333 could...
Technical analysis for 19/04
USDCHF formed a sideways consolidation in a range between 0.8931 and 0.9333. Another rise to test 0.9333 resistance would likely be seen next week, a break above this level will signal resumption of the uptrend from 0.7067....
A decrease in the yield of Spanish and Italian government bonds provided support for the Euro currency.
The Federal Reserve Chairman, Mr. Ben Bernanke said that the U.S. recovery was far from being complete. Asian and European trading sessions: