Finotec News Archive - March 05 2008

USD/ CHF – The lower Bollinger band is providing strong support for prices

Technical analysis shows sell a failure to break 1.0525

Raj Ratna
05 March 2008

Add to bookmark: Add to: del.icio.us Add to: digg.com Add to: technorati.com Add to: Google Bookmarks Add to: Facebook
Read the latest USD/CHF Analysis Reports: Subscribe to RSS

There is evidence of a strong downward trend although RSI is beginning to flatten out on a upward trend. MACD 12 & 26 are still well below the zero line but have just had a bullish cross. The lower Bollinger band is providing strong support for prices but we haven’t seen any strong breakthroughs yet. Technical analysis shows sell a failure to break 1.0525.
CHF

Finotec Analysis Team
05 March 2008

The market review and analysis content on this site, including news, quotes, data and other information, is provided for your personal information only, and is not intended as a recommendation for trading purposes. Content on this site does not provide any form of advice (investment, tax, legal) amounting to investment advice, or make any recommendations regarding particular financial instruments, investments or products. Finotec does not provide investment advice or recommendations to buy or sell securities.

Real Time Forex Quotes

 Contract Bid Ask Time Change
USD/CHF 1.0864 1.0868 20:59:59 -0.00%

Trading in Foreign Exchange, CFDs, Options, Futures and Commodities and engaging in Spread Betting on financial products carries a high degree of risk to your capital and it is possible to lose more than your initial investment. You should only speculate with money that you can afford to lose. These products may not be suitable for all investors, therefore please ensure that you fully understand the risks involved and seek independent advice if necessary. Finotec Trading UK Ltd is authorized and regulated by the Financial Services Authority.

FSA Register Number [470392]


Please read our full Disclaimer and Risk Warning.

Finotec Trading UK, 68 Great Eastern Street, London, EC2A 3JT, United Kingdom

Copyright © 1998- 2009 Finotec Group Inc.SEC-OTCBB # All rights reserved.

 


Country  Area  Number 

I hereby also consent to the receipt of any and all promotional materials and advertisements delivered to me from Finotec, or any of its related and affiliated companies, via e-mail, SMS messages, facsimile and/or automated telecommunications systems.