• Forex Trading ideas for USD/CHF, GBP/USD and AUD/USD

    Dollar-Swiss failed to see a strong break below 0.9400 and has risen slightly from its low of 0.9390. It is now trading above 0.9400. Our view remains the same as mentioned in our Morning comments and its is given below.
  • FX Thoughts for the Day

    After the pair moved down from the 89-period exponential MA band (of the Highs and Lows) in the 1-hourly charts (as explained in the morning edition) by breaking the floor of 1.0690, it came close to yesterday's Low of 1.0652 as it made a similar Low of 1.0656 for today.