EUR/USD ended the day higher above 1.1800
Ichimoku Kinko Hyo USD/JPY: The USD/JPY pair is trading slightly below the cloud…
EUR/CHF: fertile fields of volatility
Information is not investment advice
EUR/CHF is not the most popular pair. Nevertheless, it’s one of the most interesting ones to trade. Primarily – due to its sheer volatility that grants vast spaces for profit-taking. If traded with caution, of course. Movements as fierce and frequent as these are rarely seen among other pairs so if you like the picture and want to step in – make sure you have a solid strategy and trading tactic first.
As you can see, from July to September, the pair has been mostly trading within the channel 1.0730 – 1.0800. But it’s never been dormant or passive – basically every week it has been visiting both sides of the channel.
Now, EUR/CHF trades at the lower side of the upper channel 1.0800 – 1.0840. The fact that in entered that zone already tells a lot. If bulls press on, prepare to see 1.0840 crossed. If this happens, the next upside target will be 1.1000. Otherwise, 1.0670 stays as primary support to watch.
Gaspar Markosyan
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The Federal Reserve will conclude its two-day meeting on monetary policy today.
Ichimoku Kinko Hyo CHF/JPY: The CHF/JPY pair is trading slightly above the Kumo…
USDJPY dropped below 110
Ichimoku Kinko Hyo USD/JPY: The USD/JPY pair is trading within the Kumo…
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USD/JPY: Live Coverage Trade Update
In our FOMC Meeting live coverage on YouTube yesterday, we sent out a short signal on USD/JPY around 25 minutes after the decision and right before the press conference.
The Fed & Delta Variant
The Federal Reserve decided to keep the current policy unchanged as widely expected, with no additional information about the timing of the tapering. In fact, in this meeting, the Fed mentioned tapering twice only.
EUR/USD ended the day higher above 1.1800
Ichimoku Kinko Hyo USD/JPY: The USD/JPY pair is trading slightly below the cloud…
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