Forex Metal Weekly Newsletter
Market review for 5 – 9.12, 2011
Tag: USDCHF
12th December, 2011 – Daily Forex Report by GFM Research
High volatility was witnessed in the FX market during last week on the event of low volumes and Global economic uncertainity . Major trend is range bound between 73.40 and 81.20 where as the medium trend is...
USD/CHF Forecast Dec. 12th, 2011, Technical Analysis
USD/CHF had another tight range for the Friday session as the market ended up down slightly. The Swiss National Bank has put a floor in the EUR/CHF pair at 1.20, and announced that it is willing to...
USDCHF Analysis – December 10, 2011
USDCHF might be forming a cycle top at 0.9329 on daily chart. Key support is at 0.9065, a break below this level will trigger another fall to 0.8400 area. Resistance is at 0.9329, only break above this...
USD/CHF Forecast Dec. 9th, 2011, Technical Analysis
USD/CHF fell during the Thursday session as originally the markets decided to go out on the risk spectrum. The Swiss National Bank is still willing to sell off the Franc if the value of it gets too...
Forex-Metal Daily Analysis – 08/12/2011
The Euro gained amid expectations that Europe will expand the fund for assistance
USD/CHF Forecast Dec. 8th, 2011, Technical Analysis
USD/CHF continues to tread water under the all-important 0.93 level as the market dynamics are pushing people away from risk, and into safety overall.
8th December, 2011 – Daily Forex Report by GFM Research
The Dollar Index (December basis) is trading flat with 77.80 acting as important support on the event of flat to weaker trading in most of the asset classes especially the benchmark equity index of the Dow Industrials....
Forex-Metal Daily Analysis – 07/12/2011
Market participants’ expectations for upcoming EU economic summit supported the Euro.
USD/CHF Forecast Dec. 7th, 2011, Technical Analysis
USD/CHF continued to grind higher on Tuesday as traders are still running towards the US dollar for safety while the headlines are still poor overall. The Swiss National Bank has been working against the value of the...