Technical outlook and ideas for Forex pairs
We have outlooked several promising Forex pairs and the result can surprise you!
CHF/JPY got some help
Information is not investment advice
Have a look at the chart of CHF/JPY. The pair found support at the early September lows in the 106.85 area. The bullish divergence with the Awesome Oscillator on the W1 indicates that this support may hold for some time. “Harami” on the D1 and the price action that resembles an inverted “Head and Shoulders” on H4 hint at the possibility of buying above 107.55 targeting the 108.05 area.
Similar
Another EUR/USD Trade!
4H Chart Daily Chart We sent out a signal yesterday to long EUR/USD between 1…
New EUR/USD Trade
4H Chart Daily Chart EURUSD declined back yesterday after trying to test its 1…
Popular
United Nations Call the Fed to Cut Rates
A United Nations agency is warning that the central bank’s actions create a high risk of pushing the global economy into recession.
It’s Time to Look at New Zealand
Inflation in New Zealand is the highest since 1990, edging to 7.3% in Q2 2022. The currency is under heavy pressure as the Reserve Bank of New Zealand is trying to reverse the inflationary spiral. The week ahead will give us a valuable clue about the country’s monetary policy, and we are here to talk about that.
The CAD vs. the World: Mid-Term Scenarios for the Currency
In the middle of September 2022, the Canadian dollar has fallen to a 2-year low against the USD.
Choose your payment system
