USD/CHF Analysis (August 12)
With a new intervention of the Swiss National Bank yesterday, we did see the pair sharply reversing with a 400 pips move to the upside. All the CHF pairs have surged the same way.
Month: August 2011
USD/JPY Analysis (August 12)
The pair is still under pressure threatening its yearly low at 76,30 which offered a great support lately. A break below this level would expose further significant decline.
GBP/USD Analysis (August 12)
The 1,6240 support broken on Wednesday has now become resistance and is currently being tested following yesterday’s pullback.
EUR/USD Analysis (August 12)
The pair continues to trade back and forth as there is no clear directional bias.
12th August, 2011 – Daily Forex Report by GFM Research
The US Dollar Index flat due to stabile trading witnessed in most of the equity bourses across the world. The Dollar Index is range bound between 73.40-76.70 ranges; historic correlation between the Dollar Index (DX) and the...
Support, Resistance and Range Forecast by AceTrader
INTRA-DAY USD/JPY: Last Update At 12 Aug 2011 02:18 GMT Range Forecast76.75 / 77.00 Resistance/SupportR: 77.01 / 77.30 / 77.51 S: 76.60 / 76.31 / 76.25
Daily FX Market Outlook by AceTrader-12-8-2011
Market Review – 11/08/2011 22:04 GMT Euro, dollar surge against franc as SNB considers euro peg The single currency and the greenback rose strongly against the Swiss franc on Thursday as the Swiss National Bank said it...
11th August, 2011 – Daily Forex Report by GFM Research
The US Dollar Index appreciates on the event of sell of seen in the equity bourses across the world. The Dollar Index is heading towards the support of 73.40-74.00 ranges; historic correlation between the Dollar Index (DX)...
Low Interest Rates through 2013 Helps USD Stabilize
The plummeting value of the USD was offset yesterday after the Fed announced Tuesday that it would hold interest rates near zero for the next two years. So far, this adjustment by the Fed has been enough...
USD/CHF Anlaysis
Greetings. Let’s take a look at the USD/CHF. The bottom we saw earlier this week may hold for a retracement to the upside. It may come up to test the trend line on the charts.