Against the British pound, the euro is definitely not doing well this Friday. What's going on?
CAD/CHF has been moving to the resistance
Information is not investment advice
On the daily chart, CAD/CHF has almost reached the resistance range at 0.75415-07556. RSI indicator and the stochastic oscillator are near the overbought area. It means that the reversal is close. When the pair turns around, the first target will lie at 0.7461.
However, the pair may get an additional boost. To continue the upward movement, CAD/CHF needs to stick above 0.7556. The target is at 0.7613.
Coronavirus keeps disturbing China, and the world. Consequently, gold keeps rising. Reaching $1,600 is "if" or "when"?
The Turkish Central Bank is on a rate-cutting path; on February 19 it will make another announcement. What's the logic behind?
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