Forex Metal Weekly Newsletter
Market review for 10 – 14. 10, 2011 Previous trading week demonstrated a considerable strengthening of the euro. One of the reasons for this rally on the first day of the week was based on the fact...
Tag: USDCHF
USD/CHF Technical Analysis October 17, 2011
USD/CHF fell again on the Friday session, but continues to hang around the recent support level. In fact, it has been somewhat impressive as it simply doesn’t want to give way. Of course the market is being...
USDCHF Analysis – October 15, 2011
USDCHF is forming a cycle top at 0.9314 on daily chart, key support is at the uptrend line, a clear break below the trend line will confirm the cycle top, then deeper decline to 0.8500 could be...
Forex-Metal Daily Analysis – 14/10/2011
The US Dollar and the Yen strengthened against major currencies amid growing demand for safe-haven assets. Asian and European trading sessions: Euro: After the yesterday’s rapid growth associated with the fact that Slovak political parties agreed to...
14th October, 2011 – Daily Forex Report by GFM Research
The Dollar Index flat amidst flat trading session witnessed in most of the asset classes especially the benchmark equity index of DJIA; the short-term trend is still weak till the Dollar Index does not close above 78.50...
USD/CHF Technical Analysis October 13, 2011
The USD/CHF pair fell hard on the session for Wednesday. The pair reflected the Dollar negative attitude around the markets, but one cannot be too aggressive in buying the Franc as the Swiss National Bank is working...
13th October, 2011 – Daily Forex Report by GFM Research
The Dollar Index continued loosing streak on the event of stronger asset classes especially the equity bourses; the short-term trend is still weak till the Dollar Index does not close above 78.50 on daily basis. Though 76.00...
Forex-Metal Daily Analysis – 12/10/2011
The euro decreased in the threshold of the voting over the EFSF expansion. Asian and European trading sessions: Euro: The euro traded in the narrow range after the yesterday’s rapid growth against the greenback. The EUR/USD traded...
12th October, 2011 – Daily Forex Report by GFM Research
The Greenback traded dull against most of the FX majors, the short-term trend is still weak till the Dollar Index does not close above 78.50 on daily basis. Though 76.00 ranges are expected to again act important...
USD/CHF Technical Analysis October 12, 2011
USD/CHF rose slightly during the Tuesday session as the Dollar found itself in trouble, but the safety of the Franc wasn’t needed. The pair is being held aloft by the Swiss National Bank as the central bank...