Mon
28
Dec
USDCHF rate is now on strong point. It is making flip-flop on 1.03 – 1.04. I think US Dollar will go again on 1.05 – 1.10 . Because the year of 2010 will make US dollar stronger. In Europe, economic crises are continuing. Do not wait more if you are on positive situation. You can buy from 1.0290 and sell on 1.0450. I think on this area it will make flip-flop.
Also look for the development which will come from EU. Normally, when EURUSD is on 1.5200, everybody said that it will go up to 1.6500. Because in 1999’s Euro is higher than US Dollar in Forex System.
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Monday, December 28th, 2009 at 12:46 pm
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March 17th, 2010 at 12:57 pm
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