FX Thoughts for the Day |
|
USD-CHF @ 1.0893/96...Strong Resistance at 1.0919-25 R: 1.0919 / 1.0980 / 1.1018-25 S: 1.0866-50 / 1.0827-10 / 1.0783 Dollar-Swiss has risen during the day and is testing an important Resistance near 1.0919-25. This is a strong Resistance and is likely to hold during the US session. However if it doesn't next important Support is at 1.1018-25. As mentioned in the morning, a break of this Resistance might not vacate it out of its "comfort zone" (range of 1.0650-1.1050) very easily. But if it
Filed under: Technical
Latest Posts
- Sentiment remains EUR/USD supportive
- Czech bond yields at all time lows
- EUR/GBP, USD/CAD, GBP/JPY Technicals
- US: Initial claims continued to trend down last week
- long nzdusd
- EUR/USD Strategy: SHORT 1 at 1.3175, Obj: 1.2375, Stop: 1.3015
- Eurodollar Future – December 2010
- Strategy for today: Short USD/JPY and USD/CHF
- Traders Await US Jobs Data
- The correction yesterday started in the European session
- Forex Technical Analysis on Majors
- Technical Summary for Majors
- Market Comment
- Daily Forex Overview
- USDJPY low trading range continues