Forex-Metal Daily Analysis -15/02/2012
The rating agency Moody’s downgraded the credit ratings’ of six European countries,
Tag: USDCHF
USD/CHF Forecast February 15, 2012, Technical Analysis
USD/CHF continues to bump along the 0.91 level, and is currently trading at the 0.92 handle. The pair has seen strong support at this level, and looks set to find buyers at this point. The market looks...
15th February, 2012 – Daily Forex Report by GFM Research
The US Dollar Index has hit the short-term resistance of 79.80 ranges during yesterday’s New York trading session and has started weakening since today’s Asian trade; daily close below 79.10 would drag DXH2 towards the short-term support...
USD/CHF Forecast February 14, 2012, Technical Analysis
USD/CHF rose overall during the session on Monday as the 0.91 level continues to act as support in this pair. The 0.90 level below is the bottom of this area, and we feel that the pair will...
14th February, 2012 – Daily Forex Report by GFM Research
The US Dollar Index is approaching critical support of 78.20, DXH2 may become sideways between 79.80 and 78.20. Though the major trend is bearish, 78.20 may act as important support.Dow Jones Industrials is trading at the last...
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Market review for 06 – 10.02, 2012
13th February, 2012 – Daily Forex Report by GFM Research
With the US Dollar Index is approaching critical support of 78.20, DXH2 may become sideways between 79.40 and 78.20. Dow Jones Industrials is trading at the last year highs of 12900 ranges; DJIA Vs DX correlation suggests...
USD/CHF Forecast February 13, 2012, Technical Analysis
The USD/CHF pair rose during the Friday session as the “risk off” trade came back into play. The 0.91 level is the start of support all the way down to 0.90, and this area produced a bounce...
USDCHF Analysis – February 11, 2012
USDCHF’s downward movement extended to as low as 0.9088. Further decline is still possible next week, and the target would be at the lower line of the price channel on 4-hour chart. Resistance is at 0.9265, only...
USD/CHF Forecast February 10, 2012, Technical Analysis
The USD/CHF pair fell on Thursday as the Dollar continues to get hit overall. However, the later hours of the session saw a bit of a bounce in this pair, and the dollar as a whole got...