Weakness In USDCHF?

Weakness In USDCHF?

Hi Readers! Time for a little short blog again! USD has been really strong in the past week and we can see this in the currency pairs of USDJPY and USDCHF. As you can see in the chart below, USDCHF has been moving up every day and moving almost vertical. On Friday...

Trade Idea 8 July 2016: USDCHF

At about 7.39pm Singapore time, We are looking at USDCHF with a probable breaking of a resistance point. If it can break convincingly it’s going to be a bullish long. USDCHF has been on a long consolidation so if it is bullish then it might have a new trend...

Trade Idea 27 June 2016: USDCHF

With the Brexit shock still going on, the world markets are in a disarray and uncertain about the future. There are few currencies that you can be trading. Today we look at USDCHF where it seems to be in a good position for a bullish movement. Those who are bullish on...

Weekly Review: Volatility heats ups

This week was certainly volatile with monetary policy changes from the Australia side. RBA cuts their interest rates to prevent the Australian dollar from rising in this age of currency wars. Let’s have a look at some of the highlights. Dow Jones Index US30 The...