US
UK
Chinese
Japanese
Hong Kong
Australia
Spanish
Deutsch
Portuguese
Korean
French
RussianCurrency Pairs Forecast
USD Index (USDX) Pushes Above 2012 High; 83.60 In Sight
Risk aversion continues a firm grip on the markets and the USD continues to gain from safe haven flow. After consolidating briefing below 82.00, the USDX pushes above this resistance and 2012 high and is at the highest level sine September 2010. This coincides with the EUR/USD falling below the 2012 low and cracking the 1.26 handle.
By Fan Yang | May 23 | FX Times
US Dollar Index Fails to Clear Support, Breaks Above a Declining Channel
The daily USD Index chart shows a market that has been flattened after a rally from Aug. 2011 to Jan. 2012. In April, the market fell from about 80.40 down to a previous support pivot near 78.80. As it tested this support, it also tested a rising trendline that went back to the August 2011 lows.
By Fan Yang | May 02 | FX Times
GBP/AUD Signals Bullish Continuation Above 1.55 Toward 1.5677
The GBP/AUD failed to sustain a break below range support seen in the 4H chart at 1.5310. After consolidating around 1.53, the market rallied, stalled under 1.55, and in the 4/19 European-US session, is breaking above 1.55 and consolidation resistance. The moving averages are re-aligning themselves to show a bearish market (with 200 SMA at the bottom, than 100, 55, 21, and 8 going up).
By Fan Yang | Apr 19 | FX Times
USD Index Poised For Rebound, JPY Carving Short-Term Top
Although the Dow Jones-FXCM U.S. Dollar Index (Ticker: USDollar) remains 0.08 percent lower from the open, the rebound in market sentiment appears to be tapering off ahead of the European close, and we may see currency traders scale back their appetite throughout the North American trade as European policy makers struggle to restore investor confidence.
By David Song | Apr 16 | DailyFX
US Dollar Index Attacking Triangle Resistance
The daily USD Index chart shows a market that has been consolidating and trading between converging trendlines. The resistance was created in 2012 since January, while the support extends back to August 2011. As price nears the apex, it is attacking the triangle resistance. There is not much momentum to this push and the daily RSI reading is still below 60, a sign of consolidation momentum. 80.
By Fan Yang | Apr 16 | FX Times
US Dollar Index Showing Bullish Continuation Breakout
The US Dollar Index is maintaining a bullish stance in the daily chart, staying above 78.00. The RSI failed to tag 30, showing lack of bearish momentum, though the bullish momentum was not very strong neither. However, market action shows higher significant highs and lows. Thus the current bullish breakout from a counter-trend trendline is seen as a sign of bullish continuation.
By Fan Yang | Mar 06 | FX Times
GBP/CHF Challenging Range Resistance; Break of 1.4755 Opens 1.4845 and 1.5015
The GBP/CHF has kept bullish bias as it traded sideways, with resistance at 1.4755 and support at 1.4475. The market bounced off the 200 4H Simple moving average, and pushed price above a projected declining trendline. Still, the real resistance is at 1.4755. If there is a rejection from this resistance, see what if the market can break back below the 1.46-1.4620 area.
By Fan Yang | Jan 04 | FX Times
EURCHF: Trapped In A Range, Looks For A Direction
EURCHF continues to look for a direction as it trades within its established trading range between the 1.2122 and 1.2475 levels. It requires a break either way to trigger meaningful directional moves.
By Mohammed Isah | Nov 28 | FX Tech Strategy
AUD/USD and AUD/JPY Both in Possible Inverted Head and Shoulder Formation
The AUD/USD found support heading into the 11/7 US trading session and is possibly forming the second shoulder to an inverted head and shoulder pattern. It is still too early to say, and only a break above the neckline area from 1.0428 to 1.0443 completes the bottoming pattern. The 1.
By Fan Yang | Nov 07 | FX Times
Forex - EUR/CHF Technical Analysis (Euro / Swiss Franc)
The pair EUR/CHF has validated yesterday a return above 1.22, comforting our bullish feeling. The pair is currently testing the resistance at 1.23. All indicators are now bullish. However, we maintain to trade only long positions as far as 1.21 is support. The breakout of 1.23 will give a new buy signal and open the way towards 1.24. In case of return below 1.21, we will wait the breakout of 1.
Oct 05 | Forextribe
Forex - EUR/CHF Technical Analysis (Euro / Swiss Franc)
The pair EUR/CHF is currently falling below 1.22 towards 1.21 as support. Indicators are getting bearish. However, we maintain to trade only long positions as far as 1.21 is support. A return above 1.22 will comfort our bullish feeling. The breakout of 1.23 will give a new buy signal and open the way towards 1.24. In case of return below 1.21, we will wait the breakout of 1.
Oct 04 | Forextribe
Forex - EUR/CHF Technical Analysis (Euro / Swiss Franc)
The pair EUR/CHF continues to move on the support at 1.22. Indicators stay globaly bullish. We maintain to trade only long positions as far as 1.21 is support. The breakout of 1.23 will give a new buy signal and open the way towards 1.24. In case of return below 1.21, we will wait the breakout of 1.20 to advise short positions.
Sep 30 | Forextribe
- Our Partners
