US
UK
Chinese
Japanese
Hong Kong
Australia
Spanish
Deutsch
Portuguese
Korean
French
RussianSwiss Franc Economic Indicators Report
Despite intra-day losses, USD/CHF holds uptrend after Swiss data
USD/CHF is currently testing the 50-day SMA at 0.9784 and targeting the 1.0064-81 region (R1) immediately on the upside. If the uptrend continues, 1.0331-1.0434 region (R2) will form next key resistance level for the pair.
By Boby Michael | Dec 14, 2010 | IBTimes
USD/CHF in uptrend; aims 1.0331 (R2) above 1.0064 (R1)
The pair seems to have a weak resistance around last week's high of 1.0064 (also 23.6 percent Fibonacci retracement from 1.1729 to 0.9463) and fresh dollar supportive could take it to 1.0331, the 38.2 percent Fibonacci.
By Boby Michael | Dec 08, 2010 | IBTimes
- 1
Forex Tools
- Our Partners
