Written by Bahagian Pentadbiran in
| USD/CHF Daily Forecast
Fri,April 22, 2011 | Dear Fellow Trader,
Setyo here with the latest daily forex update from the FX Instructor Forex Blog.
If you have any questions about today's update - please reply to this email and I will be happy to help. | | The USDCHF attempted to push lower yesterday, bottomed at 0.8779 but closed higher at 0.8860, made a hammer candle stick formation as you can see on my daily chart below suggests potential upside correction especially if price able to make a clear break above 0.8900 testing 0.9000. On the downside, we need a clear break below 0.8779 to cancel the bullish hammer formation scenario testing 0.8700 - 0.8600. Today some markets are closed on Good Friday. Please click here to see how I applied my technical studies to this pair on the daily chart a few minutes ago. |
| I hope you enjoyed today's forex update! If you have any questions or suggestions, reply to this email - or visit me at the FX Instructor Blog. Happy Trading! | | | Analyst Profile Living in East Java, Indonesia and holding an International Relations degree, Setyo Wibowo began his forex trading career in 2000 as a market analyst, while learning to trade forex independently on his own. to learn more about Setyo Wibowo. |
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