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Monthly archive May, 2017

USDCHF – US Dollar Under Pressure Vs Swiss Franc

Key Points

  • The US Dollar moved down sharply after failing to break the 0.9950-60 resistance against the Swiss Franc.
  • The USDCHF pair broke a major support area at 0.9880 on the hourly chart to ignite sharp declines.
  • Recently in the Read More →

NZDUSD – Can New Zealand Dollar Continue To Hold 0.6850?

Key Points

  • The New Zealand Dollar collapsed recently towards 0.6850 against the US Dollar where it found support.
  • The NZDUSD pair is currently finding it hard to settle above a bearish trend line with resistance at 0.6875 on the hourly Read More →

EURCHF – Can Euro Retest 1.0870 Vs Swiss Franc?

Key Points

  • The Euro after moving down towards 1.0800 against the Swiss Franc found support and recovered.
  • The EURCHF pair recently broke two important bearish trend lines at 1.0825 formed on the hourly chart.
  • In Switzerland today, the SECO Consumer Read More →