USD/CHF offered directly under 0,9970 – Commerzbank

FXStreet Karen Jones, head of FICC Technical analysis at Commerzbank, notes that the Pair is offered under 0,9970. Important Quotes “The USD/CHF upward correction was only weak and the Pair is under downward pressure. It came to a closing price under 0,9720 (78,6% Retracement) and this suggests that the course is on the way to […]

GBP/USD’s consolidation between 1,2800/1,3010 – UOB

FXStreet – The UOB Group team of Analysts explained that the GBP/USD in the Range of 1,2800-1,3010 in the short term, neutral. Important Quotes “While the GBP extending its weakness for the 1,2775 target (Deep in 1,2770), was the subsequently strong recovery is clearly unexpected. The gains seem to be exaggerated, and yet a Test […]

EUR/USD consolidation will be completed? – Commerzbank

FXStreet Karen Jones, head of FICC Technical analysis at Commerzbank, notes that the dynamics of the EUR/USD is that the consolidation is almost complete. Important Quotes “It seems as if the Euro, the consolidation phase seems to be completed, which can lead to an increase to a recent High of 1,1268 and the November 2016 […]

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