Intraday trading analysis (tips) for USD/CHF 19 May 2011, we recommend, Enter short in USD/CHF below 0.8795 for target of 0.8755 and 0.8725 also place protective stop loss above 0.8815. Reason to trade short: As the CHF has started to strengthen. On daily chart we find USD/CHF is on strong downtrend and this down move may continue. We see a good selling opportunity today on Daily chart. CHF has ... [Continue Reading]
Forex: USD/CHF Trading Analysis for 16 May 2011: Buy Above 0.8925
Intraday trading analysis (tips) for USD/CHF 16 May 2011, we recommend, Enter long in USD/CHF above 0.8925 for target of 0.8965 and 0.8985 also place protective stop loss below 0.8905. Reason to trade long: As the USD has strengthen last week the CHF has seen the selling hence it has moved from 0.8555 level to 0.8935 levels. On daily chart we find USD/CHF was on strong downtrend and this upmove ... [Continue Reading]
Forex: USD/CHF Trading Analysis for 5 May 2011: Sell below 0.8605
Intraday trading analysis (tips) for USD/CHF 5 May 2011, we recommend, Enter short in USD/CHF below 0.8605 for target of 0.8575 and 0.8555 also place protective stop loss above 0.8615. Reason to trade short: On daily chart we find USD/CHF was on strong downtrend and we see a good selling opportunity today on 1 hour chart. CHF has been showing strength and is more likely to continue the current ... [Continue Reading]