
What will happen? This week several important macroeconomic reports will be presented…
2019-11-11 • Updated
Recommendation:
BUY 0.9995 SL 0.994 TP1 1.0095 TP2 1.0195 TP3 1.04
SELL 0.978 SL 0.9835 TP1 0.968 TP2 0.962 TP3 0.9515
On H1 of USD/CHF, bears are testing the lower border of the uptrend channel. Success will increase the odds of triggering the “Bat” pattern with a target at 88.6%. On the other hand, a failure with the following break of resistance at 0.9995 will return bulls hope for reaching targets of “Wolfe waves” and AB=CD.
On H1, USD/CHF reached the interim 78.6% target of the “Bat” pattern. Bulls are getting ready to test resistance at 0.9920-0.9925 once again.
What will happen? This week several important macroeconomic reports will be presented…
China may respond to US House Speaker Nancy Pelosi's visit to Taiwan with military provocations, including firing missiles near Taiwan or large-scale air or naval activities…
The bad news is that the US economy slowed for the second consecutive quarter in 2022, entering a technical recession.
Ford stock probably isn’t the first thing that comes to your mind when you’re looking for trade ideas…
US100 broke through the strong resistance trendline, following July's inflation numbers on Wednesday, which were less than analysts expected…
The current situation is terrible, and the future is worse for the United Kingdom. Will the British pound withstand the challenges that await the UK economy, or will it collapse?
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