Asian and European trading sessions:
The Dollar Index succumbed to profit booking after hitting resistance zone of 79.50; historic resistance zone is seen in the ranges of 79.20 to 80.20 to 81.30 ranges.Key equity index of the Dow Jones Industrials (DJIA) is...
Continued weakness in the equities world over led to safe haven bet on the USD which resulted in the Dollar Index appreciating beyond 79.00+ ranges. Historic resistance zone is seen in the ranges of 79.20 to 80.20...
Market review for 26 – 30. 09, 2011 Europe and its debt problems were keeping everyone under pressure last trading week. The
Weaker asset classes has lead to run on USD which resulted in the Dollar Index appreciating to 79.00+ ranges. Historic resistance zone is seen in the ranges of 79.20 to 80.20 to 81.30 ranges.Key equity index of...
The pair managed to establish above critical 0,90 level which confirms a bullish outlook.
USD/CHF rose on Friday as the “safe haven” trade came back into vogue. The Franc is no longer a safe haven currency since the Swiss National Bank is working against the value of it, and the USD...
USDCHF stays above a uptrend line on daily chart, and remains in uptrend from 0.7067. As long as the trend line support holds, uptrend could be expected to continue, and next target would be at 0.9500 area,...
On the event of sideways trading (with weaker bias) witnessed in most of the asset classes, the Dollar Index appreciated from 77.30 ranges with stronger bias, though it is expected to find stiff resistance in the ranges...
The USD/CHF pair rose on Wednesday, as the Dollar was bought in general during the session. The market is in a “safety trade” mode, and the CHF is no longer considered a decent proxy for safety as...