Forex Metal Weekly Newsletter
Market review for 27.06 – 01.07, 2011 Previous trading week saw strengthening of the euro and other high-risk currencies. Monday,
Tag: USDCHF
4th July, 2011 – Daily Forex Report by GFM Research
The Dollar Index (DXU11) traded mixed wherein the USD has depreciated against most of the FX majors where as the USD has traded flat against the Japanese Yen and depreciated against the Swiss Franc.Key equity index, Dow...
USD/CHF analysis (July 02nd 2011)
Although the long trend remains bearish, we think that the USD/CHF in on the verge of a major corrective move of top of its historical low at 0,8275.
USDCHF Analysis – July 2, 2011
USDCHF is facing the resistance of the downtrend line from 0.9774 to 0.9339, as long as the trend line resistance holds, the price action from 0.8326 could be treated as consolidation of downtrend, and another fall towards...
USD/CHF analysis (July 01st 2011)
We think 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...
USD/CHF Technical Analysis for July 1, 2011
The USD/CHF pair skyrocketed in the earlier hours of Thursday, but fell quite hard in the latter hours. This shows that the trend is nowhere near being broken, and we still like selling rallies. If we get...
1st July, 2011 – Daily Forex Report by GFM Research
The Dollar Index (DXU11) depreciates for the straight fourth trading session to trade below the critical support of 74.70 on the event of recovery witnessed in the key equity index of the Dow Jones Industrials (DJIA). The...
Forex-Metal Daily Analysis -30/06/2011
Greek parliament approves of the austerity measures.
USD/CHF Technical Analysis for June 30, 2011
The USD/CHF pair traded in a fairly tight range on Wednesday as the market grappled with the Greek austerity vote. The Franc lost some strength overall in the marketplace, but towards the end of the day it...
30th June, 2011 – Daily Forex Report by GFM Research
The Dollar Index (DXU11) depreciates for the straight third trading session to trade below the critical support of 74.70 on the event of recovery witnessed in the key equity index of the Dow Jones Industrials (DJIA). The...