USD/CHF Technical Analysis April 27, 2011
The USD/CHF market fell today, breaking to all-time lows as it broke below the 0.88 mark, an area that was once almost impenetrable – at least last week. The pair looks weak, and selling is the only...
Tag: USDCHF
27th April, 2011 – Daily Forex Report by GFM Research
The U.S Dollar continues to weaken on the event of record rise in the Dow Jones Industrials (DJIA). Breach of 74.00 ranges in Dollar Index (DXM11) resulted in further weakening of the Greenback; only consistent daily close...
26th April, 2011 – Daily Forex Report by GFM Research
The U.S Dollar seems to have stabilized after previous week’s losses. The Dollar Index (DXM11) is witnessing support at 74.00 ranges though the major trend is still bearish; only consistent daily close above 75.40 ranges would post...
Forex Metal Weekly Newsletter
Market review for 18 – 22. 04, 2011
25th April, 2011 – Daily Forex report by GFM Research
The U.S Dollar continued depreciating after breaking critical support of 74.825. Bear trend seems to sustain till the daily close is not beyond 75.20. Only daily close above 75.60 would post short-term bottom.The Dow Jones Industrials (DJIA)...
USDCHF Analysis – April 23, 2011
USDCHF remains in downtrend from 1.1730 (Jun 1, 2010 high), and the fall extended to as low as 0.8780. Further fall could be expected in a couple of weeks and next target would be at 0.8500 area....
USD/CHF Technical Analysis for April 21, 2011
The USD/CHF fell hard today, showing that the sellers have stepped back in. The all-time lows have been broken, and this shows fresh selling is happening. Because of this, the long-term bearish trend is in full force,...
Forex-Metal Daily Analysis -21/04/2011
US dollar weakness brings competitors to new maximums.
21st April, 2011 – Daily Forex report by GFM Research
The Dollar Index (DXM11) continued depreciating against the major pairs after resuming bear trend on the event of key equity index (.DJIA) stabilizing beyond 12400 ranges. The Common Currency appreciated by more than 160 pips; the Cable...
Forex-Metal Daily Analysis -19/04/2011
The rally of the euro and the pound.