The USD/CHF pair had a very quiet day on Monday as the resistance in the 0.93 area shows just how hard the next leg up could be in this pair. However, as the USD is the last...
Japanese Yen, Swiss Franc and U.S. Dollar grew due to increased demand for safe-haven currencies.
Market review for 14 – 18.11, 2011 During the past week, the negative economic statistics and general uncertainty in the EU provided a lot of pressure on European currencies (EUR and GBP). At the beginning of the...
The Dollar Index traded flat on Friday on the event of sideways trading witnessed in the benchmark equity index of the Dow Jones Industrials. Major trend is range bound between 73.40 and 81.20 where as the medium...
USD/CHF fell during the session on Friday, but managed a bounce later in the session to print a hammer. This candle is at the top of a run, and looks like it is showing pressure to the...
USDCHF is facing 0.9314 resistance, as long as this level holds, we’d expect downtrend to resume, and another fall towards 0.8000 would likely be seen. Only break above 0.9314 resistance could resume the uptrend from 0.7067, then...
The USD/CHF pair had a fairly quiet day on Thursday, but did form a small hammer of sorts. The pair is approaching the recent highs, and if the 0.93 handle gives way – this pair should continue...
Correction in most of the asset classes coupled with uncertainty in the Euro zone is resulting in stronger Dollar. Short-term trend is range between 78.80 and 76.40 where as the medium-term trend is range bound between 81.20...
The pound was pressured by the UK labor market report.
Dollar index continued recovery from the short-term support of 76.70; which resulted in profit taking in most of the asset classes. Short-term trend is range between 78.80 and 76.40 where as the medium-term trend is range bound...