Category Archives: Technical Analisys

USD/CHF Oscillating Around 0.9700 Ahead of Next Week’s SNB Meeting

Political headlines and trade fears are dominating the headlines in today’s North American session, leading to a slight risk-off tone despite a positive open for risk assets. As a result, we’ve seen the US dollar, Japanese yen, and Swiss franc ascend to become the strongest major currencies on the…

AUDUSD Buyers Attempt Reversal Above 0.7160

The AUDUSD seems to be getting its cues from GBPUSD. Last Friday, the Australian dollar closed below a confluence of support at 0.7160. I mentioned this breakdown over the weekend. However, I gave a warning about Friday’s move. Here’s what I wrote on Sunday: Just know that Friday’s breakdown could…

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