USD/CHF may decline
As the CHF is considered as a stronger kind of safe haven, we propose a USD/CHF short trade.
Tag - usd
The British pound continues to go down as political risks intensify.
A lot of political uncertainties are driving the British pound down.
Trading plan for May 23
trade ideas for USD/CAD and CAD/CHF
USD/CAD has rebounded
The USD is helped by the demand for it as a safe haven and the lack, while the CAD is pressured by the declining oil prices.
The USD may be supported by the releases
The United States anticipates the release of headline and core durable goods orders on May 24, at 15:30 MT time.
Trading plan for May 22
Check the moves of GBP/JPY, EUR/USD and USD/CAD.
USD/ZAR is in a triangle
USD/ZAR met the resistance of the line connecting September, March and May highs in the 14.50 area.
A challenge for the Brazilian real
The Brazilian real faced a real challenge during the last couple of days. The USD/BRL pair jumped above the 4 level on Friday and tested the last September highs above 4.11.
Does the British pound have any chance?
As the Brexit situation does not become any brighter, the British pound suffers, too.
Trading plan for May 21
- XAU/USD may fall further - AUD/USD is moving to lows of January 2016 - AUD/CAD is under pressure…
A chance for the British pound
Great Britain will release the level of CPI on May 22, at 11:30 MT time.
5 important events this week will bring us!
Find out the main drivers for this week
