Dynamic rally in the USD/CHF to the test

On an hourly basis, the USD/CHF reached its highest Momentum in the last 20 trading days. The latest USD/CHF Longs are speculative and likely to be vulnerable. Unless you take some comfort in that the sales on profit-taking and liquidation Forced based.The last MACD on an hourly basis, shows a deceleration in the acceleration and […]

AUD/USD is approaching the Friday 4-month low

FXStreet – The AUD/USD remains at the lower end of its daily range in the loss, and so the Outlook is negative. The Couple came on Monday under renewed selling pressure, after the Australian data disappointed. Housing starts fell in March to -13.4 %, whereby the positive reading of the April NAB Business confidence was […]

EUR/USD target is now the 1,1050 – UOB

FXStreet – The UOB Group analysts expect an Expansion of the EUR/USD movement for the 1,1050/1,1120. Important Quotes “The Euro in early trade to be reached High in 1,1023, according to the Macron as the winner in the French presidential elections. The upward movement was short-lived, however, and it came to a quick Pullback from […]