Against the British pound, the euro is definitely not doing well this Friday. What's going on?
USD/CHF: 55 Moving Average acted as support
Information is not investment advice
The 55 Moving Average has acted as support, so there's a 'V-Bottom' pattern, which pushed the price higher. The next bullish target is the previously tested resistance at 1.0217 - 1.0235. If any bearish pattern forms thereafter, there'll be a moment to have a downward correction towards the nearest support at 1.0190 - 1.0169.
Coronavirus keeps disturbing China, and the world. Consequently, gold keeps rising. Reaching $1,600 is "if" or "when"?
The Turkish Central Bank is on a rate-cutting path; on February 19 it will make another announcement. What's the logic behind?
WTI oil has reached our previous targets. On the W1, a big bullish candlestick engulfed the previous bearish one.