USDCHF stays in a falling price channel on 4-hour chart. As long as the channel resistance holds, another fall towards 1.0400 is still possible and a...
USDCHF stays in a falling price channel
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EUR/USD reaches 1.4301
Presumably there was another barrier at 1.4300 as EUR/USD reaches 1.4301 before a modest pullback. There was strong demand for currencies at yesterday’s fixing, it would not be surprising to see more today. The fixing is up momentarily. 1.4361 is next resistance, the late December...
It’s “nonsense” to think that Britain is out of the woods, says head of the IOD
The director-general of the Institute of Directors has warned of the dangers of believing that the British economy is through the worst of the financial...
Fundamental Outlook at 1400 GMT (EDT + 0400)
By GCI Financial - The euro moved lower vis-à-vis the U.S. dollar today as the single currency tested bids around the...
Euro Strengthens After Moody’s Announcement
By TraderVox.com Moody’s Investor Service announcement on the state of the credit ratings of Spain and Italy have resulted to a drop in...
USDCHF is facing 0.9546 resistance
USDCHF is facing 0.9546 resistance, a break above this level will indicate that the uptrend from 0.8569 (Oct 27, 2011 low) has resumed, then...