USD/CHF Analysis (November 06)
The pair might be ready to resume its long term bullish trend after a multi-week consolidation.
Tag: USDCHF
USD/CHF Forecast Nov. 7th, 2011, Technical Analysis
USD/CHF rose during the Friday session as traders continued the bearish tone of the markets late in the week. The pair used to fall in a “risk off” environment, but that was before the Swiss National Bank...
USDCHF Analysis – November 5, 2011
USDCHF broke above the downtrend line on daily chart, suggesting that a cycle bottom is being formed at 0.8569. Range trading between 0.8569 and 0.9050 would likely be seen in a couple of weeks. However, the rise...
USD/CHF Forecast Nov. 4th, 2011, Technical Analysis
The USD/CHF pair fell during the Thursday session, as the USD got sold off against the Euro. The Greeks have called off their referendum, and as such – the market treats the news as good news, but...
Forex-Metal Daily Analysis – 03/11/2011
Unfavorable market conditions may delay the bond issue. Asian and European trading sessions: Euro: During the Asian and European trading sessions, the euro showed correction after yesterday’s decline against the US dollar, setting his daily high at...
USD/CHF Forecast Nov. 3rd, 2011, Technical Analysis
The USD/CHF pair fell a bit on Wednesday, but managed to recover some of its losses towards the end of the session. The pair is being supported by the threat of Swiss National Bank intervention, and as...
3rd November, 2011 – Daily Forex Report by GFM Research
Correction in the benchmark equity index of the Dow Jones Industrials propels the Greenback. Immediate resistance in the Dollar Index is seen at 78.00 ranges. Historic congestion is seen at 79.80-80.40-81.20 rangesThe benchmark equity index of the...
Forex-Metal Daily Analysis – 02/11/2011
Concerns over the interest rate reduction pressures the euro. Asian and European trading sessions: Euro: Speculations regarding the slow-down of the European growth and concerns that the ECB would reduce the interest rate during the next meeting...
USD/CHF Forecast Nov. 2nd, 2011, Technical Analysis
USD/CHF rose during the Tuesday session, slamming into the 0.9000 level as the world looked for safety in the global markets. The Swiss Franc can no longer be bought for safety as the Swiss National Bank is...
2nd November, 2011 – Daily Forex Report by GFM Research
The Dollar Index continued to appreciate on the event of profit taking in most of the asset classes. DXZ11 has appreciated to hit day’s high of 77.67 ranges during yesterday’s New York trading session to currently trade...