Forex Search

Global Interest Rates
Australia	3%
Canada	0.25%
EMU	1%
Japan	0.1%
Swiss	0.25%
England	0.5%
US	0.25%

Data by fxstreet.com

Forex News
Subscribe Now

Advertisements

GBPUSD pulls back from 1.6743 level < EURUSD Weekly Summary: Between Fibonacci Retracements < CHF/USD Fundamental Outlook at 1500 GMT (EST + 0500) < GBP/USD Fundamental Outlook at 1500 GMT (EST + 0500) < Euro, British Pound Lag as Euro-zone, UK Data Highlight Lingering Recession < Market Moving News: USD/MAJ - Jul 3 < CNY/USD Fundamental Outlook at 1500 GMT (EST + 0500) < EUR/USD Fundamental Outlook at 1500 GMT (EST + 0500) < U.S. currency rises against major currencies except yen on safe-haven demand - Jul 3 < British Pound, Australian Dollar to See Rate Decisions Next Week <

Technical Analysis Reports

Forex Center > News > Technical Analysis Reports

USDCHF stays in a rising price channel

17 Nov, 2008 @ 08:17 pm ET

Comments
0
Votes ?

EMAIL
PRINT
TEXT SIZE : A A A

Unchanged in our short term out look, USDCHF stays in a rising price channel on 4-hour chart. Further rally is still possible to 1.2200 zone in a couple of days. Initial support is at the lower border of the price channel, now at 1.1900. Key support is located at 1.1825, below this level will indicate that a short term cycle top has been formed, pullback could be seen to follow, and next short term target would be at 1.1500 zone.