OctaFX | OctaFX Forex Broker
Open trading account

Forex: USD/CHF back to flatness

Steadily, the USD/CHF retraced its Asian losses during the European morning, bouncing from 0.9284 low back to 0.9312 opening price, with a brief passage by 0.9328 on the ECB report regarding LTRO repayments.

The central bank informed that the next LTRO repayment would be about half of what was expected: €61.1 billion instead of €122.5 billion.

“USD/CHF continues to rise. Prices are now close to the resistance area implied by the high of the declining channel and 0.9383 (07/12/2012 high)”, wrote MIG Bank analyst Bijoy Kar, pointing to supports at 0.9266 (intraday low) and 0.9185 (20/02/2013 low).

Forex: USD/CAD finds support at 1.0160

The Canadian dollar is resuming its soft tone against the greenback on Friday, bouncing off 2-day lows in the area around 1.0160 to the current levels in the boundaries of the psychological mark at 1.0200...
Read more Previous

Forex: USD/JPY eases from 93.47 peak, but still higher on the day

The USD/JPY peaked at 93.47 high in early European session only to retrace back to the area where it has been trading sidelined around 93.30, still above the opening price of 93.11.
Read more Next
Start livechat