The Dollar Index is finding support the short-term support of 78.20 on the event of the key equity index of the Dow Industrials reaching supply zone of previous year highs of 12900 ranges. DXH2 may trade sideways...
The USD/CHF pair had a volatile day on Friday, just to end up unchanged. This pair is currently consolidating above the 0.90 to 0.91 level that has been so supportive lately.
USDCHF had formed a cycle top at 0.9594 on daily chart, and is now in downtrend. Further fall would likely be seen next week, and the target would be at the lower border of the price channel....
USD/CHF rose during the session on Thursday, but was fairly weak in its momentum. It gave up about half of the gains by the close, and the pair looks like it isn’t quite ready to move forward...
USD/CHF fell for the Wednesday session as the Dollar got hit again. However, the 0.91 level came into play, and held up as support again. The area actually extends down to the 0.90 figure, and as a...
The US Dollar continues its loosing streak on the event of stronger asset classes especially the benchmark equity index of the Dow Jones Industrials (.DJIA); now that the Dollar Index is trading near short-term support of 78.20,...
The unemployment in the EU reached the record level of 10.4%.
USD/CHF fell for the first half of the session on Tuesday only to bounce later in the day to form a hammer just above the 0.91 – 0.90 support area. The pair is certainly benefitting from the...
The Dollar Index is trading near short-term support of 78.20; though the medium-term trend is bearish, DXH2 may trade sideways between 79.80 and 78.20. The long-term trend is still bearish till the Dollar Index does not close...
The Euro fell on expectations of started today EU summit in Brussels.
