Dollar-Swiss has traded sideways between 0.9330-0.9220 from the past few days. The outlook is unclear and it is advised to stay out of the markets. But having said that while it stays above 0.9280-70 a further upside towards 0.9390 can be seen.
Feb 27, 2013 | Kshitij Consultancy Service
USD-CHF had a strong week as the dollar strengthened against most of the currencies. It was able to hold on to its support of 0.9200 before rising which negated the possibility of a dip towards 0.9070. Currently it stands at the support of 0.9290 on the daily charts and it needs to be held to see a further rise towards 0.9325 and 0.9390. On the down side if the support of 0.
Feb 26, 2013 | Kshitij Consultancy Service
Dollar-Swiss has risen as the Dollar has strengthened further as the Dollar continues to gain strength. It currently is at the resistance on the short term charts at 0.9325-30. We are at an important juncture and it has to be seen as to how it pans out. Levels to look at are weekly closing on Euro (Hopefully above 1.3200) and Dollar-Index at 81.50-60.
Feb 23, 2013 | Kshitij Consultancy Service
Dollar-Swiss has continued to rise and has broken 0.9300 resistance and is currently looking for a further rise towards 0.9370-80 levels. On the down side 0.9300 is a good support now and is likely to find support if a dip is seen near it. 0.9400 does look a possibility.
Feb 22, 2013 | Kshitij Consultancy Service
Dollar-Swiss continues to trade above its 0.9225-00 support region but at the same time is not able to break its 0.9250 resistance. The daily chart is not giving a clear signal but the 4-hour chart does look good. Hence the bias would be for a rise towards 0.9300 while 0.9200 is held. If 0.9200 is broken then it becomes bearish for a fall towards 0.9150.
Feb 20, 2013 | Kshitij Consultancy Service
Dollar-Swiss continues to trade in its tight 0.9200-50 range and has not moved much since the morning. The overall view remains the same, in near term the outlook continues to be positive on the pair and a break above the range will push it further towards 0.9270-80. Looking at the short term charts they also suggest the continuation of the positive trend and a further rise indicated.
Feb 16, 2013 | Kshitij Consultancy Service
Dollar-Swiss traded for a long time in the 0.9150-9220 range before finally breaking the range on the upside today. It now seems to be targeting 0.9270-90 in the near term while 0.9200-190 support holds. We are currently holding a long position in the pair and we would be exiting it before the mentioned resistance of 0.9270-90. If the pair does manage to cross 0.9270 then a further rise towards 0.
Feb 15, 2013 | Kshitij Consultancy Service
Dollar-Swiss continues to trade in the 0.9150-0.9220 range but is looking strong to rise towards 0.9220 in the immediate term. Going forward the bias would be for this tight range to break on the upside so that a further up move towards 0.9280-300. We need to wait and watch though and caution is advised as it has been vulnerable near 0.9200 levels. 0.
Feb 14, 2013 | Kshitij Consultancy Service
Dollar-Swiss has dipped again from 0.9110 levels. The forecast continues to remain mixed as it trades in the 0.9400-0.9070 range. Still I was to take a side then I would say it looks bearish to break 0.9070. After which a further fall to wards 0.9000 and 0.8950 can be seen. It is advised to stay out of the markets till a clearer picture is seen. 0.
Feb 08, 2013 | Kshitij Consultancy Service
Dollar-Swiss held its 0.9070 support and has moved up. It is tough to say if this rise will stop at its 0.9160-80 resistance or it will break it for a further rise towards 0.9240-50. If this does happen then the 0.9400-0.9070 range continues to hold and a further rise towards 0.9400 will become likely. We would advise to stay out of the markets currently.
Feb 07, 2013 | Kshitij Consultancy Service
Dollar-Swiss faced resistance near 0.9110-20 region from where it has slipped lower. The outlook remains mixed but what is worrying is that the pair is not able to move towards 0.9160. Hence the danger of 0.9070 breaking are still there and it is tough to say if the pair will retain this range and hold 0.9070 or it will break 0.9070 for a move lower towards 0.9000 and 0.8950. On the upside 0.
Feb 06, 2013 | Kshitij Consultancy Service
Dollar-Swiss had a very weak week as it lost a lot of ground from 0.9259 to 0.9080. It also gave a break below 0.9070 which made us think that the 0.9070-9400 range has been broken but then a strong bounce seen in the later part of Friday which made the pair close above 0.9070. It is not clear if 0.9070-0.9400 range is broken or not. Also the earlier support of 0.
Feb 05, 2013 | Kshitij Consultancy Service