USD/CHF – US Dollar In Monstrous Uptrend Vs Swiss Franc

Key Highlights The US Dollar climbed higher this week and moved above 0.9840 against the Swiss Franc. There is a short-term bullish trend line forming with support at 0.9880 on the 4-hours chart of USD/CHF. The US New Home Sales in Sep 2017 increased by 18.9% (MoM), better than the forecast of -0.9%. Today, the US Pending Home Sales for Sep 2017 will be released, ...
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USD/CHF – Can US Dollar Recover Above 0.9800 Vs Swiss Franc?

Key Highlights The US Dollar faced a lot of selling pressure during the past few days and declined below 0.9800 vs the Swiss Franc. The USD/CHF pair made a major top on 11th May 2017 above 1.0080 and started a bear trend. The pair traded as low as 0.9690, and started correcting higher. Today, the US Initial Jobless Claims (May 19, 2017) will be released by the US ...
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EURUSD – Euro Back Higher, Testing Resistance Vs Dollar

EURUSD – Euro Back Higher, Testing Resistance Vs Dollar Key Highlights The Euro after trading as low as 1.0372 against the US Dollar started a recovery. The EURUSD pair is trading with a positive bias, and settled above the 100 hourly simple moving average. The pair is now approaching a resistance area near 1.0460-80. Today, the US Initial Jobless Claims will b...
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