Today, the CHF has risen up to the strong resistance level. A bounce back is a very probable scenario.
Tag - forex signals
Areas of market consolidation near the resistance and support levels and how to use them in trade.
GBP/USD is having a third bullish week in a row.
AUD/USD made another attempt to close below the 50-day MA at 0.6845 and this time it was successful.
EUR/AUD formed a "hammer" candlestick on the W1, above the 50-week MA in the 1.6010 area.
The stock of Pepsico formed a kind of messy inverted “Head and Shoulders”.
The euro is fundamentally weak
AUD/CHF is trading within a long-term downtrend. Now there’s scope for a bullish correction.
trade ideas for USD/CAD and CAD/CHF
AUD/CAD, EUR/CAD, and GBP/CHF are on the arena.
Check key levels for GBP/USD and AUD/USD.
The Bank of Canada will release its interest rate and will give comments on the monetary policy.