Market Expectations: USD/CHF

Note: This section contains information in English only.
Source: Dukascopy

Daily maximum: 0.9222
Daily minimum: 0.9139

USD edged higher against the Swiss Franc today as more investors are turning to dollar and to Treasuries amid fresh concerns over last economic developments in Europe. None of the support (0.9106; 0.9034; 0.8917) and resistance (0.9223; 0.9269; 0.938) levels has been tested so far. The daily trading signals point at a continuation of the bullish trend ahead.

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Thu, 17 Nov 2011 08:15:18 GMT

USD/CHF gains upward momentum

USD/CHF is one of few pairs to have bullish impetus, as it has managed to climb over 0.9157 and is now headed toward 0.9317 and 0.9341/99. From below the pair is well-supported by an uptrend at 0.8962.

Wed, 16 Nov 2011 16:40:42 GMT

Market Expectations: USD/JPY

The market mean at 77.11 has been touched in early Wednesday trading, though the pair commenced moving south as concerns over the EU debt crisis intensified. None of the support (76.82/57;75.99) and resistance (77.41/74; 78.32) levels has been hit. The daily outlook remains bearish.

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