The Dollar Index fall for second consecutive day after entering historic congestion zone of 80.50-81.20. Unusual correlation is observed between the benchmark equity index of the Dow Jones Industrials and the Dollar Index during the past couple...
USD/CHF rose during most of the session on Tuesday as the “risk off” trade came back just a bit. The pair has massive support from 0.91 to 0.90, and the 61.8% Fibonacci retracement level is just below...
The statements of German Chancellor, Ms. Angela Merkel provided support for the Euro currency.
USD/CHF fell again during the Monday session as the Dollar continued to lose a bit of steam overall. The 0.9100 level looks as if it is trying to hold, but until we see a supportive candle at...
Market review for 12 – 16.03, 2012
The USD/CHF pair fell again during the Friday session as the Dollar was sold off in general. The pair looks set to fall down to the 0.91 level as support. The pair looks bullish overall for us,...
USDCHF rebounded from the lower line of the price channel on daily chart, and the rise from 0.8931 had extended as high as 0.9333. Further rise is still possible next week, and next target would be at...
The USD/CHF pair fell for the session as the Dollar pulled back against many of the major currencies on Thursday. The pair has recently broken above the 0.9250 level, and this shows that perhaps there is more...
The U.S. dollar strengthened after the FOMC’s decision on interest rate.
The USD/CHF pair rose on Wednesday as the resistance level at 0.9250 gave way. The level is the point we needed to see cleared to believe the recent consolidation has been broken through, and as it has...
