Key Points

• The US Dollar remained in an uptrend against the Swiss Franc, and broke the 1.0060 resistance.
• There are a couple of bearish trend lines aligned at 1.0100 on the hourly chart of USDCHF, which may act as a Read More →

Barclays:

BofA Merrill:

SEB:

*Times reported are local NY time

Key Points

• Gold price recently recovered from the $1219 low, but currently facing resistance near $1230.
• There is a major bearish trend line with resistance at $1230 on the hourly chart, preventing an upside break.
• Earlier today, the Chinese Consumer Read More →

The dollar slipped away from a three-week peak against a basket of currencies on Tuesday as forex investors awaited congressional testimony by Federal Reserve Chair Janet Yellen. Investors are keen for clues to the pace of the central bank's interest Read More →

Key Points

• The Euro after finding support near the 1.0590 level against the US Dollar started a recovery.
• The EURUSD pair is currently attempting to break a major bearish trend line at 1.0630-40 on the hourly chart.
• Earlier today, the Read More →