The USD traded flat against most of the majors, historic correlation between DJIA Vs DX suggests the major trend is still bearish in the Dollar Index though short covering can be expected; only weekly close above 76.70...
After a break below its daily range the pair has been consolidating last week despite the strong pressure on the US Dollar.
USDCHF might be forming a cycle bottom at 0.8082 on daily chart. Consolidation of downtrend is expected in a couple of weeks, and further rally to test 0.8550 key resistance is possible, a break above this level...
The USD depreciated for the second trading session against the Euro, the Cable and the Aussie Dollar whereas traded flat against the Japanese Yen and the Swiss Franc. It seems that the all the eyes are Euro...
European Summit expectations increase the demand for the high-risk assets.
With the US Dollar now under intense pressure, it doesn’t help the USD/CHF to start building a meaningful bounce.
The USD depreciated homogeneously against most of the majors, though it has traded flat against the Japanese Yen and the Aussie Dollar. It seems that the all the eyes are Euro Zone debt crisis and the US...
The market seems to have found a good support on top of 0,81. Considering the previous breakout of the daily range, we might see a pullback towards daily moving average at 0,8310.
The USD/CHF saw a massive relief rally on Tuesday as traders suddenly felt that all was right in the world. Of course, this will more than likely change in a few hours, as the markets are very...
The USD mixed wherein it has traded flat against the Euro and the Cable and lost ground against the Aussie Dollar where as the Swiss Franc posted gains against the Greenback. It seems that the all the...
