English
Search
Login
  • Total deals: 27713650
  • Total active micro accounts: 102335
  • Total active standard accounts: 156274

USDCHF Daily Forecast: July 29

Share It:
07/28/2010 08:13

USDCHF Forecast
The USDCHF failed to continue its bullish correction yesterday but still able to move above 1.0560/40 support area so far. The bias is neutral in nearest term. Consistent move below 1.0560/40 and a break below the trendline support (red) could end the upside correction testing 1.0500 – 1.0480 before targeting 1.0399 key support area. On the upside, 1.0675 – 1.0750 remains the bullish correction nearest targets.

Post Comment

Meta Login (required)
Password (required)
Name (required)
Comment (required)

(Characters left: 3000)

History

07/28/2010
EUR/USD Daily Review 28 Jul 10
07/27/2010
EURUSD Daily Forecast: July 28
07/27/2010
Daily Forecast for Crosses: July 28
07/27/2010
GBPUSD Daily Forecast: July 28
07/27/2010
USDJPY Daily Forecast: July 28
Show All News Show Latest News

Subscribe Live News

Subscribe Analytics

Trading terms

FXOpen provides the same trading opportunities to individuals and private companies that have been traditionally only offered to large financial institutions.

Check our trading terms
Click here
2005-2010 © FXOpen
All rights reserved.
Trading on the Forex market involves substantial risks, including complete possible loss of funds and other losses and is not suitable for all members. Client should make an independent judgments as to whether trading is appropriate for him/her in light of his/her financial condition, investment experience, risk tolerance and other factors.