OctaFX | OctaFX Forex Broker
Open trading account

Flash: USD/CHF – market temporarily falters - Commerzbank

FXstreet.com (London) - The research team at Commerzbank have noted USD/CHF no change, and that the market is faltering just ahead of its next resistance at 0.9769/72.

They say this is the location of the 78.6% retracement and the June 2012 high. They also have regarded this as the last defence for the 0.9950/1.000 long term resistance and that this is the location of the 2012 high, the 61.8% retracement of the move down from 2010 and psychological resistance. They expect that dips lower are likely to find that good support on pullbacks to the 0.9540/0.9490 and the previous resistance line now acts as support at 0.9467.

Flash: The Dollar Dilemma - Add Strategic USD longs - Nomura

Nomura strategists note that this week was dominated by USD, which rallied stronger across both G10 and EM, while equities were mostly lower, other than in the US.
Read more Previous

EUR/USD returns to 1.2860/65

After the short-lived attempt to follow through 1.2890, sellers have now kicked down the euro back to the 1.2860.65 area...
Read more Next
Start livechat