NZD/USD is looking for a clear direction in the short-term, as the technical indicators are showing a neutral stance…
CAD/CHF reached buy target 0.7250
- CAD/CHF reached buy target 0.7250
- Next buy target - 0.7350
CAD/CHF continues to rise after the earlier breakout of the resistance level 0.7250, which was set as the buy target in our previous forecast for this currency pair. The breakout of the resistance level 0.7250 is likely to strengthen the bullish pressure on this currency pair and accelerate the active minor impulse wave 3 – which belongs to wave (3).
CAD/CHF is expected to rise to the next buy target at the resistance level 0.7350 (former powerful support level from the end of March).
Narrow bearish Ichimoku Cloud, horizontal Senkou Span A and B; a new weak golden cross of Tenkan-sen and Kijun-sen; the prices are three way bounced from the SSB’s resistance.
Today’s news headline is that Trump officially announced the withdrawal of the US from the Paris climate agreement…
The European Central Banks left its key interest rates…