SNB Won't Let EUR/CHF Fall
What happened? It looks like the decline in EUR/CHF to 1…
AUD/CHF reversed from resistance zone
2019-11-11 • Updated
- AUD/CHF reversed from resistance zone
- Next sell target - 0.7280
AUD/CHF recently reversed down with the daily Bearish Engulfing from the combined resistance zone lying between the key resistance level 0.7400 (former strong support from the end of May), 38.2% Fibonacci correction of the previous downward impulse 1 and the upper daily Bollinger Band. AUD/CHF is expected to fall further toward the next sell target at the next support level 0.7280 (low of the previous impulse wave 1).
Similar
Aussie Selloff Ahead?
AUD/USD has been trying to break higher for an extended period but without any chance. From April until today, all rallies’ attempts have faded as shown on the daily chart.
USD/CHF: approaching the bottom?
The US Dollar has been losing value against the Swiss franc for more than a month now. Let's examine where it might be going.
Latest news
USD: Powell Speaks on Cutting Interest Rates
Jerome H. Powell, the Federal Reserve chair, stated that the central bank can afford to be patient in deciding when to cut interest rates, citing easing inflation and stable economic growth. Powell emphasized the Fed's independence from political influences, particularly relevant as the election season nears. The Fed had raised interest rates to 5.3 ...
WTT: Currency Pairs To Trade In April
Hello again my friends, it’s time for another episode of “What to Trade,” this time, for the month of April. As usual, I present to you some of my most anticipated trade ideas for the month of April, according to my technical analysis style. I therefore encourage you to do your due diligence, as always, and manage your risks appropriately.
EURUSD: Seeking liquidity in weekly selling zones. Key intraday levels.
Bearish scenario: Sell below 1.0820 / 1.0841... Bullish scenario: Buy above 1.0827...
