The US dollar had rebounded strongly after it suffered a sharp dip against the Swiss franc last August 2011. After reaching a low of 0.7066, the USD/CHF pair is now back above 0.9200. The question now is, will the USD sustain its recent run versus the CHF? [Read more...]
Is the USD Back Against the Swissy?
The USD/CHF Creates A New Low!
Last December 10, the US dollar versus the Swiss Franc (USDCHF) currency pair was forming a [Read more...]
New All-Time High Likely For The Swiss Franc
Hey guys! I’ve been away for several days now for a business trip in the Asia-Pacific but I’m back in the Forex front! So in today’s feature, I present to you the USDCHF pair. [Read more...]
USD/CHF On The Verge Of Breaking Down
Hello everybody! My forex pick for the day is the the US dollar (USD) versus the Swiss Franc (CHF) currency pair. As you can see, there could be 2-month [Read more...]
Swiss Franc to Revisit Its Historical High Vs. the USD?
The market has been kind of iffy during the past couple of months and the USDCHF pair has been behaving in the same way. Looking at its daily chart, you can see that the pair has winded into a rising wedge pattern after marking an all-time low at 0.9462 back in October 4. Now as you of you might know, a rising wedge pattern is deemed bullish by technicians since it only depicts a temporary rally in prices. If this is the case, then the Swiss Franc could [Read more...]
