BoE is expected to leave the principal rate at the record-breaking minimum level.
Equities spent Tuesday searching for a direction with two out of three exchanges finishing the day down on exceedingly light trading volume to begin the holiday-shortened week. The market has moved from being oversold, and ripe for...
The US Dollar traded mixed wherein mild correction was seen in the Euro and the Aussie Dollar; though it has traded strong against the Cable, the gains faded by the end of New York close; where as...
The USD/CHF pair fell hard on Tuesday, confirming the range being still intact. The 0.8550 area needs to be broken for the bulls to gain any traction from this point. Because of the range, we like selling...
The USD/CHF setup is now very constructive with the formation of a potential matrial base on top of the historical low at 0,8275. A break above 0,8550 is still required though to really validate a bullish scenario....
Greetings. Let’s take a look at the USD/CHF hourly chart. We’ve been in a steady downtrend and it looks like our down trend will potentially continue.
Comments of the S&P agency regarding the Greek default pressured the euro.
The Dollar Index (DXU11) traded flat also trading was sluggish yesterday evening on the event of U.S Independence Day.
The USD/CHF pair rose on Monday, only to fall after piercing the 0.85 level. The pair has been bearish for ages, and this is the top of a recent consolidation range between 0.85 and 0.83. As such,...
The pair remains well bid after its sharp bounce on top of its historical low at 0,8270. Next key resistance is given at 0,8550.