USDCHF formed a cycle bottom at 0.9932 level on 4-hour chart and the bounce extended to as high as 1.0170 level. Further rally is still possible...
USDCHF formed a cycle bottom at 0.9932
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FX market in choppy consolidation
The USD is maintaining its gains from Friday night and it seems to have the momentum on its side at the moment. We may have to wait for Europe to come in before we see any major moves as Asia is doing it’s usual consolidation. The most likely big move would be if USD/JPY can break...
“Real-Forex” daily market overview
RISK DISCLAIMER Forex trading involves high risk. Before any trade, you should consider carefully the investment objectives and the level of...
EURJPY: ranges getting tighter
It seems that the EURJPY range has been shriking over the course of this week, with Yen crosses taking a back seat to straight USD positioning. Its been unable to crack above yesterday’s high of 138.05. Buyers are seen at 137.00-20 with stops below. Sellers 138.00-10 then 138.30. It needs to...