![SNB Won't Let EUR/CHF Fall](/storage/article/32467/preview/HqEghguQG1AWBbru_2560x600_q70.jpg)
What happened? It looks like the decline in EUR/CHF to 1…
2019-11-11 • Updated
CAD/CHF continues to fall after the earlier downward reversal from the powerful resistance zone lying between the long-term resistance level 0.7930 (which also reversed the price sharply in 2015 as can be seen form the weekly CAD/CHF chart below) and the upper weekly Bollinger Band. Given the strength of the aforementioned resistance zone, CAD/CHF is expected to fall to the next sell target at the next support level 0.7770 (former multi-moth resistance level).
What happened? It looks like the decline in EUR/CHF to 1…
USDCAD began the week slightly higher reaching as high as 1.2510 but failed to sustain these gains.
All eyes are headed toward the Bank of Canada today. Estimates point to no change both for the main rate and the ongoing QE which stands at $3B weekly.
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 ...
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.
Bearish scenario: Sell below 1.0820 / 1.0841... Bullish scenario: Buy above 1.0827...
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Don’t waste your time – keep track of how NFP affects the US dollar and profit!