Forex Market General Overview

The Forex market general overview includes discussion and analysis of the economic prospects of a single country's currency.

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James Hyerczyk 07-01-2008 Market Analysis
Analysis USD/CHF found support on Monday at at major 50% price at 1.0130. The subsequent closing price reversal bottom sets up a potential 50% retracement to 1.0336. Additional resistance is at a ...... Read More

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James Hyerczyk 07-01-2008 Market Analysis
Analysis Despite the volatile trading on Tuesday, the USD/CHF held the closing price reversal bottom at 1.0129 (06-30-08). The follow through rally confirmed the reversal, but the inability to close ...... Read More

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James Hyerczyk 07-02-2008 Market Analysis
The USD/CHF was range bound most of the overnight session, as new buyers refused to buy strength.   Upside momentum has definitely stalled despite oversold conditions and a closing price ...... Read More

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James Hyerczyk 07-03-2008 Market Analysis
Analysis The USD/CHF formed a Main Trend Bottom at 1.0129 (06-30-08), a little under a major 50% level at 1.0130.The charts indicate an almost straight drop down is likely if this area ...... Read More

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James Hyerczyk 07-03-2008 Market Analysis
Analysis Overnight the USD/CHF could not attract any sellers after the move through the major 50% price at 1.0130. The market picked up strength after regaining 1.0130 and turned the main trend up on ...... Read More

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James Hyerczyk 07-08-2008 Market Analysis
The USD/CHF could get explosive if the U.S. stock market begins to catch its legs.  This pair is running into some resistance at a retracement area at 1.0326 1.0376.   The more ...... Read More

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James Hyerczyk 07-09-2008 Market Analysis
Analysis The strong reversal to the upside on Tuesday has the USD/CHF in a strong position to challenge a major resistance cluster at 1.0361 to 1.0376. This pair must clear this resistance zone or ...... Read More

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James Hyerczyk 07-09-2008 Market Analysis
The USD/CHF could not hold the rally above the resistance zone at 1.0326 to 1.0376 as traders got a little nervous holding longs while the stock market was breaking.  Traders sold Dollars ...... Read More

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James Hyerczyk 07-14-2008 Market Analysis
The weak close in the USD/CHF has this market gearing up for a break through key 50% support at 1.0130.  This price is the midpoint between the March 17 bottom at .9635 and the May 8 top at ...... Read More

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James Hyerczyk 07-15-2008 Market Analysis
The USD/CHF fell sharply to the downside target of 1.0013 and posted a low at 1.0010 before profit-takers and bottom pickers came in to stop the break. This pair is experiencing weakness as traders ...... Read More

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James Hyerczyk 07-16-2008 Market Analysis
The USD/CHF rallied sharply higher as the U.S. stock markets erased most of the losses for the week.As confidence returned to the stock market, new longs borrowed Swiss to buy Dollars.The initial ...... Read More

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James Hyerczyk 07-17-2008 Market Analysis
The USD/CHF rallied sharply higher as the news from J.P. Morgan helped to take some of the bearishness out of the financial sector as traders gained more confidence in the Fed's ability to turn this ...... Read More

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James Hyerczyk 07-20-2008 Market Analysis
Weekly Recap The bullish U.S. stock market buoyed by better-than-expected news from Wells Fargo, J.P. Morgan and Citigroup, helped rally the USD/CHF late in the week as traders sought a better return ...... Read More

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James Hyerczyk 07-22-2008 Market Analysis
The USD CHF rallied on Tuesday as the U.S. stock market gained support from the financial sector after Treasury Secretary Paulson's comments stopped the market's early morning weakness.   ...... Read More

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