US Richmond Fed Manufacturing Index falls to -55 in Dec from -38 in Nov
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Daily Forex Analysis
EUR/USD A bearish cross on hourly chart’s Slow Stochastic implies that a downwards correction might take place in the nearest time frame. The daily chart’s RSI is floating in the overbought zone suggesting that the upward trend might be out of steam. Going short with tight stops appears to be…

Daily FX Report
Since the beginning of August, the EUR/CHF has been trading in Fibonacci retracement lines. After touching the 1.59 mark in the middle of December the market returned and crossed all the retrecement lines. Now the pair is trading in the near of the 23.6% support line. If the market breaks…