SNB Won't Let EUR/CHF Fall
What happened? It looks like the decline in EUR/CHF to 1…
NZD/CHF reversed from major support level 0.6730
2019-11-11 • Updated
- NZD/CHF reversed from major support level 0.6730
- Next buy target - 0.6820
NZD/CHF today reversed up sharply from the major support level 0.6730 (which stopped the previous sharp impulse wave A with the daily Morning Star in May, as can be seen below). The support zone near the support level 0.6730 was strengthened by the lower daily Bollinger Band. NZD/CHF is expected to rise to the next buy target at the next resistance level 0.6820 (which reversed the price strongly at the end of November).
Similar
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.
USD: a sudden plunge for a quick pick-up!
Weaker dollar - cheaper dollar. What else may be a conclusion to be drawn from the USD's weakening?
Latest news
USD: Powell Speaks on Cutting Interest Rates
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 ...
WTT: Currency Pairs To Trade In April
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.
EURUSD: Seeking liquidity in weekly selling zones. Key intraday levels.
Bearish scenario: Sell below 1.0820 / 1.0841... Bullish scenario: Buy above 1.0827...
