Finotec News Archive - August 27 2007

USD/CHF

USD/CHF Daily Technical Reports

Rodian Rahnayev
27 August 2007

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Momentum is generally lacking here and this is the type of market where we are constantly getting stopped out. Further range trading is likely to be the order of the day though the daily chart and bearish momentum studies are slightly favouring the bears. Short term parameters at 1.2040 and 1.1995.

Finotec Analysis Team
27 August 2007

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Time Event Currency Period Previous Forecast Significance Actual
14:00Existing Home SalesUSDJul5.75M5.7M35.75Minformation

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USD/CHF 1.1027 1.1032 17:18:12 0.00%

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