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Swiss GDP q/q came in at 0.9%, stronger than the 0.5% expected.

Usd/Chf and Eur/Chf have not felt any affect from strong number, as the pairs trade at .9310 and 1.2870 respectively.

EUR/USD is still limited by 1.3860 resistance and intraday bias remains neutral. Consolidation from 1.3860 could still extend further. Below 1.3704 minor support will flip bias back to the downside for 1.3427 as the third leg of the consolidation. But after all, outlook in EUR/USD will remain cautiously bullish with

On Monday the Euro/Dollar resumed ascending with over 140 pips. The European currency appreciated from 1.3710 to 1.3855 yesterday, matching the positive Interbank sentiment projection at just under +8%, closing the day at 1.3805. This morning the pair is moving hesitantly, and within yesterday’s range for the time being. On

On Monday the Euro/Dollar resumed ascending with over 140 pips. The European currency appreciated from 1.3710 to 1.3855 yesterday, matching the positive Interbank sentiment projection at just under +8%, closing the day at 1.3805. This morning the pair is moving hesitantly, and within yesterday’s range for the time being. On

On Monday the Euro/Dollar resumed ascending with over 140 pips. The European currency appreciated from 1.3710 to 1.3855 yesterday, matching the positive Interbank sentiment projection at just under +8%, closing the day at 1.3805. This morning the pair is moving hesitantly, and within yesterday’s range for the time being. On

EUR/USD: The Eurusd resumed its rally breaking above 1.3800 levels. German Unemployment Change and Eurozone Unemployment data are expected stable. Daily stochastic is showing overbought levels with downside movement. Immediate resistance comes at 1.3840 (H4 21 Upper Bollinger) while immediate support is seen at 1.3785 levels. EURINR (62.31) exporters can

EUR/USD: The Eurusd resumed its rally breaking above 1.3800 levels. German Unemployment Change and Eurozone Unemployment data are expected stable. Daily stochastic is showing overbought levels with downside movement. Immediate resistance comes at 1.3840 (H4 21 Upper Bollinger) while immediate support is seen at 1.3785 levels. EURINR (62.31) exporters can

EUR/USD: The Eurusd resumed its rally breaking above 1.3800 levels. German Unemployment Change and Eurozone Unemployment data are expected stable. Daily stochastic is showing overbought levels with downside movement. Immediate resistance comes at 1.3840 (H4 21 Upper Bollinger) while immediate support is seen at 1.3785 levels. EURINR (62.31) exporters can

GBP/USD’s break of 1.6276 resistance suggests that recent rally from 1.5343 is resuming. Intraday bias is on the upside and sustained trading above 1.6276 will target 61.8% projection of 1.4230 to 1.6298 from 1.5343 at 1.6621 next. On the downside, though, break of 1.6030 support will indicate that a short

USD/CHF’s consolidations is still in progress and more sideway trading would be seen above 0.9233 temporary low. Though, upside is expected to be limited by 4 hours 55 EMA (now at 0.9386) and bring fall resumption. As noted before, the break of 0.9300 support indicates that longer term down trend