
Last week marked the consolidation for the most active assets of March 1-15 (which is oil and gold). But next week has a lot to show, be ready to take part!
2019-11-11 • Updated
GBP/CHF recently reversed up from the strong support zone lying between the pivotal support level 1.2930 (which has been reversing this pair from the middle of November), lower daily Bollinger Band and the 50% Fibonacci retracement of the previous upward impulse from August. GBP/CHF is expected to rise toward the next buy target at next resistance level 1.3230 (top of the previous candlesticks reversal pattern Shooting Star from February).
Last week marked the consolidation for the most active assets of March 1-15 (which is oil and gold). But next week has a lot to show, be ready to take part!
What happened? It looks like the decline in EUR/CHF to 1…
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Hey folks, it’s a wrap to yet another month in the 2023 calendar, and I’m guessing you know what that means - time for another episode in the “What To Trade” series. For December, I will be mapping out trade more cautiously as the market volatility often drops
Gold prices, reaching the highest since May 5, are consolidating as traders await the US PCE Price Index, a key inflation indicator. The upcoming data could impact the Fed's policy, influencing the demand for the US Dollar and providing direction for gold. The Greenback sees some repositioning, recovering modestly ahead of the data risk.
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Don’t waste your time – keep track of how NFP affects the US dollar and profit!