The Swiss franc is higher for the third trading day in a row. In the European session, USD/CHF is currently trading at 0.9038, down 0.09% on the day. Soft CPI Cements SNB Rate Cut The rate of inflation in Switzerland continues to fall, causing...
USD/CHF ANALYSIS D1 Period Chart Let’s analyze the USDCHF currency pair on the D1 period chart. The wave structure is still in the process of forming an upward trend, and we’ve seen a slight increase in price in the initial days of the new year,...
Market Fundamentals: Recent upbeat US data has bolstered optimism about the resilience of the world’s largest economy, easing fears of an impending downturn. At the same time, renewed stimulus efforts from China have sparked hopes for sustained...
Forecast of Crude Oil Crude Oil's price increased throughout the first two trading sessions yesterday, but it abruptly dropped during the New York trading session due to significant bearish momentum, and it formed a robust bearish engulfing candle....
Gold Technical Analysis Analyzing the H1 timeframe, I see a linear regression channel pointing upwards. For me, this is more important than the M15. So, the buyers are strong. The signal from channel M15 provides a buy signal which strengthens my...
