Technical analysis of CAD/CHF
Tag - chf - swiss franc
It turns out that the Swiss National Bank is buying foreign currency in order to limit the appreciation of the CHF.
USD/CHF formed a “hammer” candlestick on the D1. The most recent price low wasn’t confirmed by the Awesome Oscillator on this timeframe.
AUD is a very interesting currency among the major ones. What are its most useful peculiarities?
AUD/CHF formed a higher low on the H1. The pair may be forming something like a “Crab” harmonic pattern.
For the past couple of days, USD/CHF has been consolidating below the resistance line that connects the highs of October and November in the 0.9990 area.
The US dollar has been trying to recover after the suffering in the last days of 2019.
American iInflation data may affect the USD. Safe-haven assets are down ahead of the agreement between the US and China.
Take a look at the technical set-ups of EUR/USD, NZD/USD, USD/CAD, and USD/CHF.
The Bank of Canada will host a meeting at 17:00 MT time…
The USD made decisive moves mostly with the exotic currencies - let's have a look to prepare for new market entries.