Technical outlook and ideas for Forex pairs
We have outlooked several promising Forex pairs and the result can surprise you!
CHF/JPY reached long-term resistance
Information is not investment advice
CHF/JPY is trading at the resistance line since September 2018 high. The upside is also limited by the 100-day MA at 108.85. The pair has already violated the short-term support line from October lows when it slipped below 108.60. The further decline below the 50-day MA at 108.35 will bring it down to the 108.00 area. Only the rise above 108.85 will open the way up to the 109.35/50 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
Indices and Stocks in the Red
The stock market has reversed, and now it’s going lower and lower…
Walmart earnings outlook
Walmart is one of the biggest retail corporations in the US, with $244 billion in total assets. Does it worth buying amid rising prices and supply concerns that shatter the world economy?
Japan's inflation is at 2%, but what about a weaker Yen?
Japan's inflation is set to reach 2% in April's reading, for the first time since 2015. But what about the weaker Yen?!
Choose your payment system
