What happened? It looks like the decline in EUR/CHF to 1…
USD/CHF: broken 'Triangle'
2019-11-11 • Updated
The last 'Triangle' has been broken, but there's 'Thorn' pattern, so the market is going to test the nearest resistance 1.0023 and the Moving Averages. If a pullback from these levels happens next, there'll be an opportunity to have another decline towards the previously tested support at 0.9925, which means we could have a new local low shortly.
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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?
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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.
Bearish scenario: Sell below 1.0820 / 1.0841... Bullish scenario: Buy above 1.0827...
Bearish scenario: Sell below 2200 / 2194 ... Nearest bullish scenario: Buy above 2197... Bullish scenario after retracement: Consider buys around each indicated demand zone