SNB Won't Let EUR/CHF Fall
What happened? It looks like the decline in EUR/CHF to 1…
CHF/JPY reversed from resistance zone
2019-11-11 • Updated
- CHF/JPY reversed from resistance zone
- Next sell target - 110.50
CHF/JPY recently reversed down from the resistance zone lying between the broke the resistance level 112.00 (which reversed the price at the end of March, as can be seen below), upper daily Bollinger Band and the 38.2% Fibonacci correction of the downward impulse from February. CHF/JPY is expected to fall further toward the next sell target at the next support level 110.50 (which reversed the previous impulse wave (1)).
Similar
Japanese Yen Strengthens on COVID-19 Worries
What happened? Japanese shares fell on Monday…
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
TRADE IDEA: IS THE FUTURE OF GOLD CLEAR YET?
For those who may be unfamiliar with Price Action trading, the horizontal arrows represent areas where the market structure was broken. As you can see in the scenario above, price broke below the previous low at the two marked instances
TRADE IDEA: Technical Breakdown of Top Cryptos
Let's start off with a look at the Daily timeframe on Bitcoin. We currently see price reacting to the rally-base-rally demand zone between the 15,600 - 14,300 price area. Price also seems to have found support off the trendline support as marked in the image above. Interestingly, this means the overall bias on BTCUSD is Bullish.
CBDC: Technology of the Future or Dystopia?
Central Bank Digital Currencies (CBDCs) are virtual national money. The idea of creating such currencies came to the authorities after the success of cryptocurrencies, which also exist only in digital form.
