• USDCHF reversed from key support level 0.8940
• Likely to rise to resistance level 0.9050
USDCHF currency pair recently reversed up from the key support level 0.8940 (which has been reversing the price from the end of February) – standing close to the lower daily Bollinger Band.
The upward reversal from the support level 0.8940 stopped the previous short-term impulse wave 3 from the start of June.
Given the strength of the support level 0.8940 and growing USD bullishness – USDCHF currency pair can then be expected to rise further toward the next resistance level 0.9050 (top of wave 2).
US CPI data a bit softer than forecasts, sparking brief market optimism, but resistance remains.…
🛢️ Oil prices are finding fresh strength as geopolitical tensions in the Middle East reignite…
Middle East tensions and Venezuelan supply shifts drive Brent crude volatility, with geopolitical risks and…
Crypto market edges up as risk appetite returns; Bitcoin and Ethereum recover, despite investor caution…
The dollar resumed its growth after the lawsuit against the Fed chairman. Rumours of early…
Today is Tuesday, the 13th of January, and we will talk about the natural gas…
This website uses cookies