USDCHF’s fall from 1.0066 extends to as low as 0.9558 level. As long as 0.9463 previous low support holds, uptrend is expected to resume and another rise towards 1.0350 area is still possible. Resistance is at 0.9800,...
Demand for the risk drops. Asian and European trading sessions: Euro: The EUR/USD pair started Wednesday with a decrease to the $1,3300 mark. The euro was pressured by the announcement of Moody’s Investors Service that the credit...
US fundamentals support the greenback. Asian and European trading sessions: Euro: Euro continued to stabilize of Tuesday morning. Expectations for the strong European fundamental release today supported the euro. Eventually the Euro-zone ZEW survey (Economic sentiment) for...
EUR/USD pair starts the week with new maximums. Asian and European trading sessions: Euro: Morning trading on Monday saw the decrease of the EUR/USD pair, as a result of the increased concern over the disagreement of the...
USDCHF may be forming a cycle bottom at 0.9725 level on daily chart. Further rise towards 1.0066 would likely be seen next week, a break above this level will confirm the cycle bottom and indicate that the...
Tax benefits program supports the greenback. Asian and European trading sessions: Euro: The EUR/USD pair decreased to the level of $1,3190 during the morning trading. The euro drop was limited, since the Ireland budget has been accepted...
High-risk currencies start the week with a negative trend. Asian and European trading sessions: Euro: On Monday the euro dropped against all counterparts. Market tension over the today’s EC meeting in Brussels pressured the euro. The Financial...
The previous week was marked by the greenback new 2-months maximum. And the week has already started with sharp drop of the euro. According to the released information, European officials offered Ireland an 85 billion euro bailout. The concerns...
USDCHF dropped sharply from 1.0066. Deeper decline to 0.9600-0.9650 area to reach next cycle bottom on daily chart is expected next week and the next cycle bottom is nearing. As long as 0.9463 key support holds, the...
Fears for the spreading of the European crises are growing. Asian and European trading sessions: Euro: Today the euro was mainly pressured by the increased concerns that the Ireland crises would spread on the other countries, such...
