Swiss Franc At Risk Of SNB Intervention As Deflation Concerns (Forex)
Swiss Franc At Risk Of SNB Intervention As Deflation Concerns Mount
The USD/CHF is clearly in an upward trading range with the upper Bollinger band and the 20-Day SMA serving as the upper and lower levels of the range….
strategist@dailyfx.com (John Rivera, Currency Analyst)
US Dollar Pulls Back as Americans Lose Most Jobs Since 1971, Stocks Rally – Why?
- Euro Ends Friday Mixed as Yield Differentials Drive Price Action – British Pound Gains as Dismal UK Data Broadly Priced In to Currency – Canadian Dollar…
strategist@dailyfx.com (Terri Belkas, Currency Strategist)
Chart Of The Day: USD/JPY
Bullish price action on USD/JPY (a daily chart of which is shown) has just broken cleanly out of a prolonged triangle consolidation near the double-tested 13-year lows. This triangle breakout has also gone on to break a key support/resistance level in the 91.00 region. With any continued bullish momentum above…
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