The Dollar Index is currently range bound between 81.00 and 78.70. Major constituent of the Dollar Index basket, the Euro is trading sideways with bearish undertone, resulting in correction in most of the asset classes, especially the...
Being supported by the lower line of the price channel on daily chart, USDCHF rebounded from 0.9001, suggesting that a cycle bottom is being formed. Further rise would likely be seen next week and next target would...
Technical analysis for 5/04
The negative Euro-zone news’ release pressured the Euro currency.
Market review for 26 – 30.03, 2012 Euro: At the beginning of the week the Euro showed slightly growth against its competitors
The USD/CHF pair fell on Friday as the Dollar remains under pressure. We have been waiting to see some kind of supportive candle in the 0.91 to 0.90 range, but simply haven’t seen anything to get excited...
USDCHF is facing the support of the lower border of the price channel on daily chart. A clear break below the channel could trigger another fall towards 0.8569. On the other side, as long as 0.8931 key...
The USD/CHF pair rose during the session on Thursday as the support area between 0.91 and 0.90 held firm. The pair gave back a bit of the gains late in the day though, so we could perhaps...
The Australian and New Zealand dollar fell today due to decline of the World’s stock markets.
The USD/CHF pair had a fairly wild day on Wednesday as the pair went both bullish and bearish, only to end up slightly bullish at the close. The pair is in the middle of a massive support...
