We have outlooked several promising Forex pairs and the result can surprise you!
USD/CHF: pick your entry level
Information is not investment advice
In April, USD/CHF broke above the resistance line connecting 2018 and 2019 highs in the 1.0130 area. This was a significant resistance and now will be significant support. The pair may find demand around 1.0300 and then turn up to 1.0250 and 1.03. Here are 2 trade ideas: one involving buying at lower levels and another buying on the break higher.
GBP/USD is moving inside the ascending channel. Since it’s in the lower part of this channel, the pair should reverse up and continue moving in zig-zag.
Ichimoku Kinko Hyo GBP/JPY: The GBP/JPY pair is trading between the Tenkan sen and Kijun sen level…
What happened? Nearly one year later, Beijing started to concern about Alipay, which combines a digital payments platform with other traditional financial products such as loans, wealth management, and insurance…