USDCHF looking to complete its retracement
USDCHF seems to be completing its retracement and is looking to do so just around 1.0530 level. USDCHF is expected to resume its upward trend again from 1.0530 level. If USDCHF manages to continue its downward trend and break of 1.0530 will mean that its next target will be somewhere around 1.0450 level. On the [...]
USDCHF might look to take some retrace by end of US session
USDCHF is moving nicely in an upward trend but we might see USDCHF taking a dip by the end of US session for monthly closings. Traders looking to buy USDCHF might hold back a bit and let USDCHF take a dip today before buying USDCHF for next week. The dip might go towards 1.0430 and [...]
USDCHF Pair – A Bear’s Dream?
The USDCHF pair is looking like a bear’s dream with the RSI hovering around the oversold zone, currently valued at 33. The MFI is also suggesting a downward trend, since it was at 64 only 10 days ago, compared to 36 today. Technical’s suggest that there is much downside left until 0.992 (Stop Loss: 0.995) [...]
Loading ...
