GBP/CHF traded higher yesterday after hitting support near the 1.1800 territory, which has been preventing the bears from diving lower since Thursday. However, given that the rate remains below the key resistance zone of 1.1980, which acted as a floor in the very recent past, between May 24th and Ju

EUR/USD broke below its 5 year average at 1.1500's last November and traded to its 1.0800 target. For the past 3 months, EUR/USD ranged 700 pips from 1.1000 to lows 1.0300's and 400 pips for the past 2 months. Since the 1.0800 target, EUR/USD failed to break significant averages to trend higher but

Advertisement Fundamental Forecast for the Swiss Franc: NeutralThe Swiss Franc may be the most appealing safe haven currency after the Swiss National Bank’s first rate hike in 15 years.Fears of a resuscitated Eurozone debt crisis may continue to bolster flows into the Swiss Franc via EUR/CHF rates.A

The EUR trades offered and demonstrated yesterday was to trade from target to target. The only requirement is enter the trades om the platform and walk away as profits are guaranteed. No need ever exists to watch a screen, use stops, monitor news releases or sit all day and speculate or gamble to an

The currency market story this week to normal moves and no significant breaks to averages is found in the DXY Vs EUR/USD relationship. DXY vital average breaks as supports are located at 101.65, 101.93 then many averages exist at 100.00's. Topside averages are found at 102.01, 102.17 then 103.14. Ov

Yesterday's action was again found in the center, most prominently by USD/CAD and USD/JPY. EUR/USD and NZD/USD took a vacation day to overall ranges. Due to US holiday? A market price doesn't know or care about holidays. A price knows movements but never celebrations. Daily moves EUR/USD 62 pips. AU

EU leaders last night took the decision to push ahead with an embargo on Russian oil - exempting pipeline oil imports to land-locked nations. The decision to deprive Russia of valuable export earnings comes at the cost of higher inflation and lower growth. How the ECB balances the trade-off between

We do not hear too often from Swiss National Bank (SNB) speakers, but Vice Chairman Fritz Zurburegg speaks today. Economists at ING expect the GBP/CHF to drop below 1.20 if Zurburegg takes a hawkish turn. SNB's Zurburegg speaks on Tuesday “We are very interested in the SNB given that an ultra-dovish

An abundance of excellent comments was received last week in relation to analysis, trades, targets, profits, market, education and general commentary published over many years. My audience is eclectic and ranges from everyday retail and bank traders to portfolio managers, hedge funds, academics, cen