The dollar strengthened at the beginning of the weekHello!Today, another major pair USD/CHF will be analyzed. Using Friday's weekly trading close, it is recommended to start with the corresponding time frame.Weekly Despite the fact that trades closed with gains on January 3-7, further price...
GBP/USDAnalysis: On the chart of the English pound sterling, the trend direction since last February is set by a downward wave algorithm. The latest section is ascending, originating on November 12. The wave has the form of a stretched plane. The movement has entered the final phase. The target...
Overview:On the one-hour chart, the USD/CHF pair is continuing in a bullish trend from the support levels of 0.9101 and 0.9159. This is shown to us as the current price is in a bullish channel. This is further confirmed by the RSI indicator signaling that we are still in a bullish trending market....
USD/CHF Upside Breakout?The USD/CHF pair continues to stay near the downtrend line, right below the down channel's upside line signaling that the buyers are very strong. Also, its failure to come back down towards the channel's downside line signaled that the sellers are exhausted.The pair is...
Overview : Yesterday, the USD/CHF pair dropped sharply from the level of 0.9228 towards 0.9155. Now, the price is set at 0.9100. On the H4 chart, the resistance of USD/CHF pair is seen at the level of 0.9195 and 0.9228. It should be noted that volatility is very high for that the USD/CHF pair is...
GBP/USDAnalysis:The formation of the corrective stretching plane that began in November continues in the dominant bearish wave in the chart of the British pound since last February. Preliminary calculations allow traders to expect the rate to rise until the end of the correction up to the far...
In the first two trading days of the new week, we summed up the results of the December and weekly trading on three major currency pairs - EUR/USD, GBP/USD and USD/JPY. I think it would be unfair to ignore another major currency pair USD/CHF. In this regard, I propose to analyze the technical...
The USD/CHF pair extended its downside movement and now it has escaped from a major range pattern. The downside breakout could announce a potential deeper drop. Surprisingly or not, USD resumed its depreciation even if the US reported better than expected data. The Unemployment Claims and the...
So, the year 2021 is steadily nearing its end. The year was not easy at all, and first of all, this is due to the continued spread of COVID-19 and the emergence of new strains. I won't reveal a big secret if I remind you that at this stage of time, another strain of coronavirus called "Omicron" is...
Let's take a look at the technical picture of AUD/USD, NZD/USD, USD/CHF and Bitcoin. The material has been provided by InstaForex Company - www.instaforex.com
