What happened? It looks like the decline in EUR/CHF to 1…
NZD/CHF reversed from resistance zone
2019-11-11 • Updated
- NZD/CHF reversed from resistance zone
- Next sell target - 0.6710
NZD/CHF recently reversed down from the resistance zone lying between the resistance level 0.6800 (former support from the end of May) and the 38.2% Fibonacci correction of the previous downward impulse 3 from the middle of June. The downward reversal from this resistance zone started the active minor impulse wave 5. NZD/CHF is expected to fall further toward the next sell target at the next support level 0.6710 (low of wave (b)).
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.
Weaker dollar - cheaper dollar. What else may be a conclusion to be drawn from the USD's weakening?
Walmart is one of the biggest retail corporations in the US, with $244 billion in total assets. Does it worth buying amid rising prices and supply concerns that shatter the world economy?
Japan's inflation is set to reach 2% in April's reading, for the first time since 2015. But what about the weaker Yen?!
Last week brought a selloff in markets. Some assets reached the most crucial support levels and are likely to reverse in a short term. Be ahead of trends and make the most out of this week!