Most of the asset classes especially the benchmark equity index of the Dow Jones Industrials, resulting in appreciation of the US Dollar across the board; the Common Currency has lost most against the Greenback as compared to...
USD/CHF rose to the upside on Wednesday as the 0.93 level proved to be supportive yet again. The area was the site of a breakout a couple weeks ago, and we suggested that it should continue to...
USD/CHF fell hard on Tuesday as another round of “everything is suddenly alright” seemed to hit the markets. The Dollar got sold off, but as we have seen several times recently, these are simply opportunities to buy...
The Dollar Index succumbed to profit taking after hitting historic resistance zone of 81.00 ranges and is currently trading at 79.90 ranges. The medium trend is bullish till 77.50 ranges are holding on weekly closing basis, though...
USD/CHF continues to grind sideways after a fairly quiet session on Monday. The pair did fall originally, but just like the session on Friday, it bounced to form a hammer above the 0.93 level.
The Dollar Index again found resistance in the ranges of 81.00. Major trend is range bound between 73.40 and 81.40; the medium trend is bullish till 77.50 ranges are holding on weekly closing basis, though 81.40 ranges...
USDCHF remains in uptrend from 0.8569, the price action from 0.9546 is treated as consolidation of uptrend. Another rise towards 1.0000 could be expected after consolidation, and a break above 0.9546 could signal resumption of uptrend. Key...
The USD/CHF pair originally rose during the session on Thursday, but fell later in the day as the Italians managed to get the auction off on their 10 year bonds. The yields were at just under 7%,...
Correction in benchmark equity index of the Dow Jones Industrials from historic resistance zone of 12300-12380 ranges and Consumer Confidence numbers beating the street led to the Dollar Index appreciating by 1 point to close firm at...
USD/CHF rose during the session on Wednesday as the Dollar got bought up in all markets. The Swiss National Bank is working against the overall strength of the Franc, so a move upwards makes sense in times...
