The US Dollar traded mixed amidst huge sell in most of the asset classes especially in the equities across the world; the Dow has lost about 1000 points during the week. Equities across the world sold off...
The pair continues to establish new record lows week after week with now a break below 0,75 during the asian session.
Market review for 1 – 5.08, 2011
The pair continues to establish new record lows week after week and the recent develpments in the US will probably confirm the overall bearish trend.
The USD/CHF pair had a wild day during the Friday session, but eventually ended up fairly unchanged in the end. The pair is a “sell only” pair as far as we are concerned, and as such are...
USDCHF’s downtrend from 0.9774 extended to as low as 0.7580. Further fall is still possible next week and next target would be at 0.7200 area. Resistance remains at the downtrend line on 4-hour chart, only a clear...
The US Dollar traded mixed amidst huge sell in most of the asset classes; after the intervention in the Swiss Franc, BoJ has intervened to weaken the Japanese Yen. The Dollar Index again took support in the...
The USD/CHF rose, and then fell as the markets around the world were rocked on Thursday. The 0.76 level looks like it is holding the pair up at the moment, so if that area gives way –...
Needless to say that the pair remains under pressure considering the impressive bearish trend we see for more than a year now.
The US Dollar traded mixed wherein it has depreciated against the Euro and the Cable but has appreciated against the Swiss Franc, the Aussie Dollar and the Japanese Yen. Fierce intervention was seen by the BoJ to...
