USD/CHF surges from an up-trend line

Note: This section contains information in English only.
Source: Dukascopy Bank SA
© Dukascopy Bank SA
"Payrolls exceeding estimates "will send a message that the U.S. economy is still expanding at a modest pace. "I'm more positive on U.S. economic growth, and therefore the U.S. dollar growth"
- Hans Kunnen, chief economist at St. George Bank Ltd. (based on Bloomberg)

Pair's Outlook
As USD/JPY pair ended a consolidation in a 0.9246/66 range, the price surges and has already reached the monthly PP and the 55-day SMA at 0.9349. The next resistance is the 100-day SMA at 0.9408 and after that the upper Bollinger band at 0.9461. However, currently the price is traded around the 20-day SMA, which indicates a middle of the Bollinger bands, and a price's settlement on one of the sides will be a strong signal to open a position.

Traders' Sentiment
Bears' dominance in USD/CHF pair reached a significant extent, as the buy side controls 89% of the market and the sell side only 11%. Pending segment is more balanced, as 64% of placed orders are buy and 36% are sell.
© Dukascopy Bank SA
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Actual Topics

Fri, 07 Dec 2012 15:44:08 GMT

EUR/JPY bound between 106.08 and 106.70

Pair continued its yesterdays dip, but was halted and kicked back up by 20-bar SMA at 106.08. However, weekly PP at 106.70 did not allow the pair to pick up any higher. Technical indicators send a very strong aggregate buy signal, suggesting that mentioned SMA might kick in some momentum in to pair and we could see additional attempt to

Fri, 07 Dec 2012 09:14:47 GMT

USD/JPY is traded around an upper boundary

USD/JPY pair continues to move inside a triangle pattern, as the price made a third high on the upper boundary at 82.44, suggesting to open a short position. But on the other hand, technical indicators return in a neutral zone, while the price is traded in a flat corridor. Therefore, it is very likely to see an extension of the

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