USD/CHF - daily technical Forecast

By IBTimes Staff Reporter | March 15 2010 9:49 AM

Sponsorship Link

USD/CHF closed lower on Friday and below the reaction low crossing confirming that a short-term high has been posted. The low-range close sets the stage for a steady to lower opening on Monday. Stochastics and the RSI remain bearish signalling that sideways to lower prices are possible near-term. If it extends last week's decline, the reaction low crossing is the next downside target. Closes above the 20-day moving average crossing would signal that a short-term bottom has been posted.

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

Dog Rescued From Rubble: Oklahoma Tornado Survivor Barbara Garcia Finds Missing Dog During Live Interview

Oklahoma Tornado Survivor Finds Missing Dog During TV Interview

Tesla’s First-Ever Profit Came Thanks To Selling Zero Emission Credits To Competitors, But It Insists It’s Not Dependent On Bartering CO2 Offsets

Without Carbon Credits, Tesla Would Not Be Profitable (Yet)

Oklahoma Tornado 2013: Photos And Footage Of The Twister's Devastation [PICTURES, VIDEO]

Photos And Footage Of Oklahoma Twister's Devastation

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

web counter