European unemployment reduces the euro rate. Asian and European trading sessions: Euro: Euro dropped against the main currencies after the release of the unemployment in Italy and in the EC in a whole. Employment volume turned out...
The USD/CHF rose during the Monday session as the 0.85 level continues to offer a psychological barrier for the sellers in this market. The pair is the inverse of the EUR/USD quite often, and as a result...
Reinforced optimism of the market participants enabled the euro to strengthen against the US dollar last week.
The US Dollar Index is entering historic congestion zone of 74.50-73.40 ranges; short covering may be witnessed in the USD against most of the FX majors. Only on consistent close below 73.00, would reinitiate long-term USD bearishness.The...
The USD/CHF pair had a slightly bullish day on Friday, showing that the 0.86 level is the start of possible support in this market. The 0.85 is a more significant level in our eyes, but this area...
USDCHF is in downtrend from 0.9314, and the fall extended to as low as 0.8569. Further fall could be seen next week, and next target would be at 0.8300 area. Resistance is at the downtrend line on...
The USD/CHF pair fell hard on Thursday as the USD was sold off against almost all other currencies around the world. This was in response to the EU finally releasing the bailout plan that has been long...
The US Dollar tumbles on the event of Greece bailout by the European Union. The Dollar Index closed below 76.00 to enter historic congestion zone of 74.50-73.40 ranges. Consistent close below 73.00 would reinitiated long-term USD bearishness.The...
The yen renewed its historical maximum against the US dollar.
The USD/CHF pair had a range bound session on Wednesday as traders waited for the all-important EU summit to end. The deal didn’t come, but there are rumors floating around, and rumors are exactly what the market...
