
Ichimoku Kinko Hyo GBP/JPY: The pair is trading above the cloud…
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EUR/CHF got down into the range of 1.0780-1.0790 breaking the four-week support. Therefore, the euro is becoming weak. Or, is it?
On a larger scale, EUR/CHF is just coming back down to the media it has been revolving around since the beginning of summer. As you can see on the daily chart below, the channel between 1.0730 and 1.0780 contains most of the currency pair’s movement, with outbreak down and up on the way. Therefore, go further below 1.0780 may be considered as a “normal” scenario for EUR to stabilize against the CHF tactically, in the course of a larger upward correction after EUR/CHF hit the lows of 1.05 when the virus hit. So, prepare your support levels!
Ichimoku Kinko Hyo GBP/JPY: The pair is trading above the cloud…
Ichimoku Kinko Hyo GBP/JPY: The pair is trading above the cloud…
Ichimoku Kinko Hyo USD/JPY: The pair is trading below the cloud…
Ichimoku Kinko Hyo GBP/JPY: The pair is trading above the cloud…
PepsiCo will publish its financial results for the first quarter of this year on April 15 at 13:00 MT. Be prepared!
Ichimoku Kinko Hyo GBP/JPY: The pair is trading above the cloud…
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