January 16th Long-Term Charts

FX Strategy Video > Currency Pairs Analysis

USD/CHF is one of the more interesting plays out there currently, and probably one of the least known. The Swiss are working against the Franc, the biggest customer of the EU is going into recession, and the US economy is doing well all things considered. So it makes sense that it grinds higher.

EUR/USD originally rose during the previous week, but fell in the end. The shooting star at the bottom of a recent down move signals that perhaps we can continue to fall. The 1.26 level is key though.

The USD/JPY pair is starting to show support at 76.50 again, but is simply not moving......

Published on 14th of January 2012
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