GBP/CHF Bouncing Off 1.5000 Support Line
March 8, 2011 7:30 am by Greg HoldenThe GBP/CHF has recently found solid support at the 1.5000 price level. Technical indicators, and the pair’s general trend, now seem to suggest a steady upward movement is expected.
AUD Toying with Key Resistance Levels
March 2, 2011 11:00 am by Greg HoldenFor those watching, the persistent rise of the Australian dollar (AUD) was given impetus recently by soaring commodity prices. With Australia’s economy linked with the price of precious metals, the climb in Gold and Silver has been met by a ...
GBP/CHF Revealing Impending Weakness for Pound?
February 8, 2011 7:41 am by Greg HoldenThe British pound has been reaching significant resistance lines against a number of its primary currency rivals. A chance exists that the pound could see some downward retracement over the next several days as investors test the strength of these ...
GBP/CHF Meeting Resistance at 1.5388
January 21, 2011 7:30 am by Greg HoldenThe British pound has had difficulty breaching the 1.5388 price barrier against the Swiss franc lately. Over the past several days the GBP/CHF has attempted a breakthrough beyond this border, but has met staunch resistance each time.
GBP/CHF – Testing 1.5039 Resistance
January 11, 2011 8:00 am by Greg HoldenThe GBP/CHF, after experiencing a moderate upturn, appears to be leveling off as it meets its first significant resistance level at 1.5039.
USD and CHF Bullish ahead of New Year Celebration
December 29, 2010 9:00 am by Greg HoldenAfter a modest uptick against most of its currency rivals yesterday, the US dollar appears to be running favorable as low liquidity and market timidity factor into year-end trading.
USD/CHF May Attempt Second Breach of 0.9600 Today
December 24, 2010 10:00 am by Greg HoldenThe Swiss franc’s bullish run against most of its currency counterparts may begin to see corrective movement as the year comes to an end.
FX Winners and Losers from Today’s Non-Farm Payrolls Report
October 8, 2010 6:33 pm by Russell GlaserFollowing the release of a worse than expected US jobs report that showed the economy dropped 95,000 jobs in the previous month there were players that fared well, such as the euro, and others that fared not so well such ...
CHF/JPY Targeting 83.20 Following KOF Report
August 27, 2010 11:51 am by Greg HoldenSwitzerland is due to publish its KOF Economic Barometer report today at 9:30 GMT. This measure is a gauge of Swiss economic sentiment and is meant to forecast the direction of the economy in the six months following. The Swiss ...
Yen and Franc to Continue to Strengthen
August 26, 2010 7:59 am by Russell GlaserTraders are waiting for signs of intervention from the Swiss National Bank (SNB) or the Bank of Japan (BOJ) to halt the appreciation of the Swiss franc and the Japanese yen. Until the central banks take action in the open ...
