ISE FX Swiss Franc: the upside prevails.

By IBTimes Staff Reporter | April 29 2010 10:50 AM

Update on supports and resistances.Resistance3 : 116Resistance2 : 112.75Resistance1 : 110.25Last Price : 108.26Pivot Point: 105Support1 : 105Support2 : 101.25Support3 : 99.5Pivot: 105Our preference: Long positions above 105 with targets @ 110.25 & 112.75 in extension.Alternative scenario: Below 105 look for further downside with 101.25 & 99.5 as targets.Comment: the RSI is supported by a rising trend line, the pair has rebounded on its support and is approaching its resistance.116112.75110.25108.26 (last)105101.2599.5*USD/CHF Index: the ISE Exchange measures the strength and weakness of the US DOLLAR versus the SWISS FRANC. For details go to www.ise.com

Sponsorship Link

Euro Set For Another Week of Disappointing Data

Euro Set For Another Week of Disappointing Data

Eurozone Reports Increased Trade Surplus

Eurozone Reports Increased Trade Surplus

Eurozone GDP Puts Euro Under Pressure

Eurozone GDP Puts Euro Under Pressure

ZEW Results Weigh on Euro

ZEW Results Weigh on Euro

In Depth

Atheists Fight Gideon Bibles With Books By Christopher Hitchens And Richard Dawkins In Georgia State Parks

What Would Jesus Read? Atheists Fight Bibles With Hitchens In Georgia Book Battle

Those Were The Days: How Norman Lear And ‘All in the Family’ Permanently Changed US Television And Society

How Norman Lear And ‘All in the Family’ Changed US Television And Society

Chinese Tourists Told To Fix ‘Uncivilized Behavior’ Have Their Own Request: Treat Us Better

Chinese Tourists Told To Curb ‘Uncivilized Behavior’

How To Solve Pakistan’s Energy Crisis? Turn Off Air Conditioners, Wear No Socks

Pakistan's Creative Way To Solve Its Energy Crisis

web counter