USD Trading Outlook Archive

  USD/CHF Pivot: 1.0035 Likley scenario: short positions below 1.0035 with targets @ 0.9945 & 0.987 in extension. Alternative scenario: above 1.0035 look for further upside with 1.0115 & 1.0175 as targets. Comment: the RSI is badly directed. Trade Now    

  USD/CHF Pivot: 1.0035 Likley scenario: short positions below 1.0035 with targets @ 0.9945 & 0.987 in extension. Alternative scenario: above 1.0035 look for further upside with 1.0115 & 1.0175 as targets. Comment: the upward potential is likely to be limited by the resistance at… Read more

Medium Term Strategy: Forex Pair of the day USD/ZAR – the upside prevails The pair remains on the upside and should post further advance as it remains supported by its moving averages. Moreover, the daily RSI stands above its neutrality area. A first target to the… Read more

Medium Term Strategy: Forex Pair of the day USD/CAD – the upside prevails The pair has rebounded above the strong horizontal support and overlap at 1.28. Moreover, the daily RSI has broken above a declining trend line. Further advance is therefore likely with a first target… Read more

Medium Term Strategy: Forex Pair of the day AUD/USD – under pressure The pair is posting a rebound but stands below the strong horizontal resistance at 0.7530 and remains capped by the 200-days moving average. As a consequence, further weakness is expected with a first target… Read more

Medium Term Strategy: Forex Pair of the day USD/CAD – further advance The pair has rebounded above the strong horizontal support and overlap at 1.28. Moreover, the daily RSI has broken above a declining trend line. Further advance is therefore likely with a first target set… Read more

Medium Term Strategy: Forex Pair of the day AUD/USD – under pressure The pair is posting a rebound but stands below the strong horizontal resistance at 0.7530 and remains capped by the 200-days moving average. As a consequence, further weakness is expected with a first target… Read more

Medium Term Strategy: Forex Pair of the day USD/CAD – further advance The pair has rebounded above the strong horizontal support and overlap at 1.28. Moreover, the daily RSI has rebounded above its oversold area. Further advance is therefore likely with a first target set at… Read more

Medium Term Strategy: Forex Pair of the day USD/CAD – further advance The pair has rebounded above the strong horizontal support and overlap at 1.28. Moreover, the daily RSI has rebounded above its oversold area. Further advance is therefore likely with a first target set… Read more

Medium Term Strategy: Forex Pair of the day AUD/USD – under pressure The pair has posted a rebound but stands below the strong horizontal resistance at 0.7530. Moreover, the daily RSI has reversed down below its overbought area. As a consequence, further weakness is expected with… Read more