Category Archives: Technical Analisys

The indecisive EURCHF

I’m long EURCHF at 1.1260 as per my post last week but I’m not sure what I want to do with it. We’re up and down around the 55/60 support I leant against but there’s no signs of a bounce. Support is holding around 1.1240. Part of the reason for the sideways action today is the gain in USDCHF vs the…

AUD/USD Technical Analysis: 17-Year Aussie Uptrend Support Broken

The Australian Dollar has dropped to challenge double bottom support capping losses for over two years having resumed the downtrend against its US namesake (as expected). This barrier is in the 0.7145-65 area, with a break lower confirmed on a daily closing basis exposing the 38.2% Fibonacci…

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