Forex-Metal Daily Analysis -29/02/2012
The European Central Bank allocated 500 billion euro for the European banks. Asian and European trading sessions:
Tag: USDCHF
USD/CHF Forecast February 29, 2012, Technical Analysis
USD/CHF fell again on Tuesday as the Dollar got sold off in American trading overall. The pair is just under the 0.90 level, and it should be said that the 6.18% Fibonacci level is in the area...
28th February, 2012 – Daily Forex Report by GFM Research
With the Dollar Index consistently trading below 78.40 mark, further fall to 77.20 may be expected on daily close below 78.10 ranges.Historic correlation between DX Vs DJIA is signifying USD bearishness in long-term. Dow consistently trading above...
Forex-Metal Weekly Analysis
Market review for 20 – 24.02, 2012
27th February, 2012 – Daily Forex Report by GFM Research
US Dollar depreciated against the common currency and the Cable while appreciating against the Japanese Yen and trading flat against the Swiss Franc; the Japanese Yen is exhibiting contrary trend to other FX majors wherein it has...
USDCHF Analysis – February 25, 2012
USDCHF’s downward movement from 0.9594 extends to as low as 0.8931. Further decline could be seen over the next several days, and next target would be at 87.00 area. Resistance is at the downward trend line on...
USD/CHF Forecast February 24, 2012, Technical Analysis
In a somewhat surprising move, the Franc appreciated during the Thursday session. The pair has a massive support zone between 0.91 and 0.90, and it has fallen towards the bottom of this area at the end of...
24th February, 2012 – Daily Forex Report by GFM Research
Dollar Index resumes bearish trend on the event of most of the asset classes especially the benchmark equity index of the Dow Jones Industrial Average (.DJIA) appreciating.Historic correlation between DX Vs DJIA is signifying USD bearishness in...
Forex-Metal Daily Analysis -23/02/2012
The yen weakened against the U.S. dollar. The USD/JPY pair grew to Y80.37 level. Asian and European trading sessions:
USD/CHF Forecast February 23, 2012, Technical Analysis
USD/CHF fell on Wednesday as the markets were relatively quiet for the session. The pair is currently sitting just above the 200 day moving average, and the 0.91 to 0.90 support level.