Tag: USDCHF

24th May, 2011 – Daily Forex Report by GFM Research

by gfmresearch.com | May 24, 2011 6:26 am
The Dollar Index (DXM11) reached major resistance zone of 76.50; Weekly close above 76.50 would post short-term bottom. On the lower side, 74.40 is expected to act as critical support for Dollar Index (DXM11), only weekly close...

23rd May, 2011 – Daily Forex Report by GFM Research

by gfmresearch.com | May 23, 2011 6:11 am
The Greenback strengthens across the board; U.S Dollar gained most against the Euro where as remained flat against the Aussie Dollar and the Cable; 74.40 is expected to act as critical support for Dollar Index (DXM11), only...

USDCHF Analysis – May 21, 2011

by ForexCycle.com | May 21, 2011 3:16 am
USDCHF may be forming a cycle top at 0.8945 on daily chart. Deeper decline towards 0.8553 previous low would likely be seen next week, a breakdown below this level will indicate that the long term downtrend from...

20th May, 2011 – Daily Forex Report by GFM Research

by gfmresearch.com | May 20, 2011 5:23 am
The U.S Dollar looses against the Euro for third consecutive day; unable to trade beyond 76.50 the Dollar Index (DX) June basis, succumbed to profit taking at 76.10 ranges to trade currently at 75.23; 74.40 is expected...

19th May, 2011 – Daily Forex Report by GFM Research

by gfmresearch.com | May 19, 2011 6:27 am
The U.S Dollar starts trading weak again; unable to trade beyond 76.50 the Dollar Index (DX) succumbed to profit taking at 76.10 ranges to trade currently at 75.40.  Benchmark equity index of the Dow Jones Industrials (DJIA)...

18th May, 2011 – Daily Forex Report by GFM Research

by gfmresearch.com | May 18, 2011 6:06 am
Dollar Index (DX) falls unable to trade beyond 76.50; profit taking was witnessed in the U.S Dollar across the board after the Dollar Index hit major resistance zone on 76.20-76.50 ranges to currently trade at 75.28.Benchmark equity...