USD/CHF rose, but fell as well on Friday and then gained some ground back in the end of trading. The pair is decidedly bullish, and we now see dips as buying opportunities.
USDCHF’s upward movement from 0.7067 extended to as high as 0.9181. Support remains at the uptrend line on daily chart, as long as the trend line support holds, uptrend could be expected to continue, and next target...
Dollar Index is just nearing resistance zone of 78.75-79.30 ranges though double dip depression in the US is still glooming resulting in most of the asset classes trading softer especially the equities, the dollar index may go...
The USD/CHF pair rose on Wednesday as traders continue to buy the USD as a safe haven trade. With the Swiss National Bank actively jawboning and working against the Franc, this makes sense as the Dollar truly...
Investors are waiting for the results of the FOMC meeting.
Tuesday saw the USD/CHF pair rise slightly, as the rumors of a Swiss National Bank meeting hit wires. The SNB is rumored to be considering raising the floor on the EUR/CHF to the 1.25 level, and this...
The major trend IN THE Dollar Index indicates it appreciating to 79.00 ranges before resuming downwards. Double dip depression in the US is still glooming resulting in most of the asset classes trading softer especially the equities.Key...
Euro is loosing its positions against the greenback.
USD/CHF rose after gapping on the open Monday, but retraced a lot of that move as the markets settled down in the US afternoon. This pair is being supported by the Swiss National Bank, so selling isn’t...
After the Dollar Index corrected to 76.00 ranges, it gained to currently trade at 77.80 ranges, the major trend indicates it appreciating to 79.00 ranges before resuming downwards. Double dip depression in the US is still glooming...