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USD/CHF - A Promising Bottom Fishing Opportunity Unfolds
Wednesday, July 19, 2023 - 11:50pm | 172The USD/CHF is currently forming a descending wedge pattern, hinting at a potential turnaround and reversal in its downward trajectory. Over the past nine months, the USD has experienced a steady decline against the Swiss Franc, and it appears to be nearing the end of stage 4, preparing to...
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USDCHF: Biased To The Downside On Corrective Weakness, Risk Build On Its 200 Ema (Special Focus)
Wednesday, September 28, 2011 - 10:37am | 174USDCHF: The pair continues to maintain its corrective pullback pressure though holding on its short term uptrend triggered from the 0.7068 level. On continued weakness, its immediate support at the 0.8928 level, its Sept 12'2011 high will be targeted where a reversal of roles as support could occur...
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If the US Defaults, How Will that Affect the Dollar?
Monday, July 11, 2011 - 3:54pm | 584In just over three weeks the U.S. will default. According to Treasury Secretary Timothy Geithner, if the U.S. debt limit is not raised soon, the U.S. will be unable to meet all of its obligations. On Monday, President Obama addressed the nation in a speech in which he outlined his desire to get a...