The Dollar Index is trading at the previous resistance zone of 79.50 from where it sold off to 74.50 ranges during October. Major trend is range bound between 73.40 and 81.20 where as the medium trend is...
USD/CHF fell during the Tuesday session as the Dollar lost ground against many of the other currencies around the world. The safety trade was off on hopes of a bailout coming to the EU via the IMF,...
Today the demand for the Government bonds of European countries showed a significant increase.
Market review for 21 – 25.11, 2011
The USD/CHF pair rose on Friday as traders continue to worry about debt issues in the EU, and run to the Dollar. The pair has made a new high, and as a result should move much higher.
The pair is trading higher after having found some good support on top of 0,86 area.
USDCHF broke above 0.9314 resistance, suggesting that the uptrend from 0.7067 has resumed. Further rise is expected next week, and next target would be at 0.9500. On the other side, the price action from 0.9314 could possibly...
Fears of the world economy sliding down into a recession supported the dollar.
Greetings. Let’s take a look at the USD/CHF pair. For a long time we were seeing a shard drop of the USD/CHF and we’ve seen a nice retracement back up in the past couple of months. It...
The IMF Board approved two new credit packages to limit and fight the spreading of the debt crisis.
