Coming off of NFP we have had a Bullish Retracement into a Daily Price level 106.452 where we would anticipate seeing resistance to the downside. Within this move back into this Bearish Price Level, we have a move off a Bullish Price Level 105.348 within this Bullish Range. With this in mind, we...
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The USDCHF bounced off the lower boundary of the neutral range and overcame the line of the short-term downtrend. Now it is trying to move towards the upper boundary of...
Fed may take a break in tightening monetary policy
US Vice Chairman Richard Clarida announced risks of a slowdown in the growth of global economy. This had a strong negative effect on the US dollar. Will the USDCHF fall?
Such a trend indicates the weakening of the US dollar against the Swiss...
The U.S dollar held on to its strength against most of its peers on Monday, as the monetary divergence between the U.S and other parts of the world has been reinforced by comments from central bank officials, after the annual economic policy symposium in Jackson Hole, Wyoming.
However, it was...
Euro is looking strong against dollar but it’s a trap for speculators’.
Solid support: 1.11764 Hurdle: 1.11668
If we see the Hurdle on this week then you’ll lookup extremely selling pressure on EURUSD pair but I’ve just a message for traders, “this week ride will show you...