Latest forex analysis - page 26

[ForexAnalysis]

[ooandajb]

USD/CHF- In this 4 hour chart we noticed a previous support line acting as a resistance line in the latest trend. Although not defined, the level around this line seems to bring resistance. The next resistance level on this line comes in at 1.1795/1.1800, and support on the current trend touches at 1.1660/50. The resistance line maybe short lived given the continued bid U.S. dollar. Tonight the Swiss will release GDP numbers which are expected to come in at -0.9%. If the actual numbers show contraction in the economy we may see the CHF get sold off.

Economic Calendar for March 3, 2009: (EST)

1:45am CHF GDP q/q

-0.9% 0.0%

2:00am EUR German WPI m/m

-2.0% -3.0%

4:30am GBP Construction PMI

34.2 34.5

8:00am USD FOMC Member Lockhart Speaks

9:00am CAD BOC Rate Statement

9:00am CAD Overnight Rate

0.50% 1.00%

10:00am USD Fed Chairman Bernanke Testifies

10:00am USD Pending Home Sales m/m

-3.0% 6.3%

All Day USD Total Vehicle Sales

9.5M 9.6M

12:30pm EUR ECB President Trichet Speaks

12:30pm USD Treasury Sec Geithner Speaks

4:15pm NZD RBNZ Gov Bollard Speaks

5:30pm AUD AIG Services Index

41.0

6:40pm AUD RBA Assist Gov Edey Speaks

7:01pm GBP Nationwide Consumer Confidence

38 40

7:30pm AUD GDP q/q

0.1% 0.1%

9:00pm NZD ANZ Commodity Prices m/m

[ForexAnalysis]

[[Deleted]]

[ForexAnalysis]

[ForexAnalysis]

[ooandajb]

[ForexAnalysis]

[ForexAnalysis]

[[Deleted]]