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2 Mar 2015

USD/CHF eyes 0.9600

FXStreet (Córdoba) - USD/CHF is consolidating daily gains as it holds above 0.9550. Recently the pair gained strength and printed a fresh high at 0.9592, the strongest level since January 15. Before reaching the new highs it was trading in a short term range moving between 0.9545 and 0.9580.

USD/CHF breaks short term resistance

Today the pair is consolidating above last week highs and the 0.9530 area that was an important short term resistance. A daily close above could strengthen the bullish perspective for the US dollar.

USD/CHF is trading at the highs, near 0.9700, starting the month on a positive tone. In February finished with a gain of 300 pips, recovering after sliding in January’s 800 pips.

Mar 2, 2015

NZD/USD: 0.7120 is next major target

NZD/USD is currently trading at 0.7507 with a high of 0.7564 and a low of 0.7506.

WTI firm above $50.00

The barrel of the American benchmark for the light crude oil has retaken the critical $50.00 mark at the beginning of the week...