Live Trading Room Quick Links:

Forex Academy Quick Links:

Misc. Quick Links:

Academic Library

Language:

Home
Online Courses

Featured Course: Japanese Candlesticks

Instructor: Muhammad Azeem | Level: Beginner+

No. Lessons: 6 | Type: Technical Analysis

Don't let your trading account crash and burn - get educated!

The answer is clear: No amount of reading can replace actual hands-on training on the live market, with a professional guide.
Trading Rooms

Featured Room: Live Trading Room

Strategy: Elliott Waves + Japanese Candlesticks
P/L: +1,358 pips (since March, 2010)

Why Trade Alone? Trade Together!

Trading is NOT a solitary activity. Join a trading room today and find out for yourself just how social trading can be!
Reports+Alerts

Featured Signal: Alerts by ITU Global

Trial: First Month $29.95 | Strategy: Discretionary
Trading Style: Position Trading

A Trader Without Perspective Is Trading Blind

Our one-of-a-kind analytics packages offer unparalleled perspective into the minds of talented market professionals.
Forex Tools

Featured Tool: Smartrader Platform

Type: Charting Terminal and Dealing System
Price: FREE | Audience: Retail Traders, Money Managers, Brokers

Do YOU Have The Right Tools For The Job?

Whether you are an individual trader, a money manager, or even a brokerage - the right tools matter. We can help.
Forex Brokers
Support
Forums
Blog

Live Support Chat

Live Help

USDCHF Daily Forecast: June 23

USDCHF Daily Forecast: June 23
Wednesday, June 23rd, 2010 @ 1:28 am by Setyo Wibowo

About Setyo Wibowo:

Living in East Java, Indonesia and holding International Relations degree, Setyo Wibowo began his forex trading career by joining Fortune Channel Investment in 2000 as a market analyst, while learning to trade forex independently on his own. Driven by his desire to share his trading experiences and ideas, Setyo joined the FX Instructor team in 2008. Setyo Wibowo is now living in Mojokerto, East Java, Indonesia.

About Me My Articles

USDCHF Forecast
The USDCHF didn’t make significant technical movement yesterday. On h4 chart below we can see that price still struggling around the minor trendline resistance (white). The bias remains neutral in nearest term. A movement above the minor trendline resistance could give us some space for further upside correction testing 1.1170 even 1.1245 area but as long as price move inside the bearish channel the main outlook remains bearish. On the downside, 1.0920 area remains the nearest downside target.

Posted in Market Analysis

Our Global Forex Community

Advertising

Next Free Forex Webinar

Free Market Commentaries

Free Forex Market Commentaries and Reports

Enter your email address to receive our FREE daily market commentaries:

Forex Article Categories

Blog Archive

Forex Links

Blogroll

Educational Partners

Risk Disclaimer: Forex trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the forex markets. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell forex instruments. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results.

All information on this website is for educational purposes only and is not intended to provide financial advice. Any statements about profits or income, expressed or implied, does not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold eNetGroup Inc. and any affiliated traders, writers, analysts, and developers harmless in any and all ways. All rights reserved. The use of this website and or its contents constitutes acceptance of our disclaimer.

© 2006-2012 eNetGroup Inc. | Problem with the site? Click here to contact us.