
A local flirting with the resistance or a serious intention to break through? We will examine the price action of GBP against CHF on high timeframes to answer this question.
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The pair is consolidating along the Moving Averages. It's likely that the price is going to test the nearest support at 0.8574 because of the last 'Triple Top' pattern. If a pullback from this level and the Moving Averages happens little later on, bulls will have a chance to reach the previously tested resistance at 0.8616 - 0.8636.
A local flirting with the resistance or a serious intention to break through? We will examine the price action of GBP against CHF on high timeframes to answer this question.
The bearish bias appears to start losing power. The market reversal upwards is still to be confirmed.
NZDCAD has been rising today, a bearish reversal possible soon
What will happen to the emerging markets in 2020.
A local flirting with the resistance or a serious intention to break through? We will examine the price action of GBP against CHF on high timeframes to answer this question.
XAU/USD ran into the resistance of the 50-day MA in the 1,481.65 area. Learn more!