Tag - usd

USD/CHF: franc broke loose
USD/CHF: franc broke loose

On the USD/CHF daily chart, the Bears managed to withdraw quotes from short-term upward and long-term downward trading channels…

USD/JPY projected to test 112.81
USD/JPY projected to test 112.81

USD/JPY remains favored by the bullish bias, which strengthened after the formation of a bullish divergence in the RSI indicator two weeks ago…

Morning brief for June 26
Morning brief for June 26

In the absence of the news catalysts over the weekend, the market moves were subdued in Asia today…

AUD/USD approaches a possible buy zone between 0.7500 and 0.7460
AUD/USD approaches a possible buy zone between 0.7500 and 0.7460

AUD/USD is starting to retrace from June 14th highs and it’s now heading to a key demand zone established by the 50% Fibonacci retracement level, given that it reached an extreme zone in the upside which coincides with the 100% Fibonacci expansion level…

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