NZD/USD is looking for a clear direction in the short-term, as the technical indicators are showing a neutral stance…
GBP/CHF rising inside minor impulse wave 3
- GBP/CHF rising inside minor impulse wave 3
- Next buy target - 1.3300
GBP/CHF continues to rise inside the minor impulse wave 3 which started earlier from the support zone lying between the round support level 1.3000 (former resistance level from October), 30-day moving average, 50% Fibonacci correction of the upward price impulse from last month and the daily support trendline from August. GBP/CHF is expected to rise further toward the next buy target at the next resistance level 1.3300 (which reversed previous impulse wave (i)).
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…