USD: technical outlook
The USD made decisive moves mostly with the exotic currencies - let's have a look to prepare for new market entries.
USD/CHF broke key resistance level 0.9840
- USD/CHF broke key resistance level 0.9840
- Next buy target - 1.0000
USD/CHF recently broke the key resistance level 0.9840 (which stopped the previous minor correction wave 2 at the start of January, as can be seen below). The breakout of the resistance level 0.9840 accelerated the active intermediate impulse wave (3) from the start of April. USD/CHF is expected rise toward the next buy target at next resistance level 1.0000. Strong support now stands at 0.9840.
Dmitry Chernovolov
Similar
GOOGLE stock: two steps to recovery
Google is going up. When are we to expect full recovery? This short technical analysis will give you some clues where to look at.
AMAZON stock: extending borders
Amazon is enjoying increased demand for its services. What should we expect?
Latest news
Risk on: Dow Jones passed 25000
A great chance to make profit on stocks! Investors are inspired by economic reopening and optimistic vaccine news.
AT&T: a dark horse of a subscription world
On May 27, the longtime cable TV provider AT&T will launch HBO Max – a new streaming platform. How will it affect the price of AT&T?
Downside target for USD/CAD
USD/CAD has made an immense move to the downside on Tuesday falling by about 200 pips.
Deposit with your local payment systems
