Tag - usd

USD/CHF close to complete a bearish cycle
USD/CHF close to complete a bearish cycle

The USD/CHF pair has been trading in a corrective phase since March 1st session and it seems the 50% Fibonacci zone could be a key pivot point during the week ahead…

USD/JPY on the way to reach new highs
USD/JPY on the way to reach new highs

USD/JPY continues to trade in a bullish recovery since February 16th lows and it seems we could expect further gains across the board, as the price action remains above the 200 SMA at H1 chart…

USD/MXN facing key resistance at 18.73
USD/MXN facing key resistance at 18.73

The USD/MXN pair remains trading above the 200 SMA and it’s approaching a key offer zone, which should activate sell orders in a short-term basis…

XAU/USD: gold is wandering through channels
XAU/USD: gold is wandering through channels

Recommendations: BUY $1344 SL $1329 TP $1374 TP2 $1390 TP3 $1410 SELL $1320 SL $1335 TP1 $1290 TP2 $1270  On the daily chart XAU/USD, a rebound from the bottom line of the uptrend channel allowed gold to hope for the bullish trend’s recovery again…

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