Monthly archive May, 2017
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 →
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 →
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 →