Follow up USDCHF technical analysis. Yesterday Sep. 3, we have posted analysis on US - Swiss currency pier, the pattern wedge were broker on Asian session today. This fact is a good signal for short term trend formation - correction of USD bullish period. We have also predicted USD trend correction to major currencies and yesterday US Manufacturing PMI pushed ...
Interesting situation on EURUSD chart today. Fundamentally you need to focus on US-China trade war positive messages, which cause sharp gain of US currency on Friday. Today banks are closed in USA, due to labor day, so markets will be calm after European session. More attention on technical analysis, now EURUSD is trading at 1.0989. Two main aspects of...
Great opportunity for trading on US dollar - Mexican Peso currency pier. On friday price has formed pattern "double top", after crossing support 20 20.0512 we predict drop to 19.8550
I recommend to close your profit and wait for US session, also we have some important news from UK, about Braxit. Later today I will explain more ...
As we posted last week, USD-TRY prise sharply crossed 5.6000 level, now trading around 5.7640 We think that before TCMB meeting price will be above our 5.7760 (R1) target, as we mentioned before 25 october is important to make longer term forecast. But it must be mentioned that USD is advancing versus major currencies from monday, so the price of Lira dropped...