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Bullish: USD/CHF is currently at 0.9519 in a channel in a range. We are looking for a continuation to the ATR target at 0.9609 with a further target the 0.618 Fibo at the 0.9650 area.
We have convergence on the hourly. The target down is 0.9394 if it reverses. Watch the USDX for any change in direction. The ATR for the pair currently is 114 pips per day, and its 180-day average is 97 pips per day. USDX is currently sideways.
The EUR/USD has been in a bull channel for over two months. The channel up is tight, which will limit the first reversal down. The market has been away from the moving average...
The Japanese yen had an uneventful week and edged higher on Monday. USD/JPY is trading at 130.06 in the European session, up 0.18%.US PCE Slows to 4.4%Last week wrapped up with...
This week has all the makings of being vital for the coming weeks and months, with the most important publications for the market in focus. The week’s main event will undoubtedly...
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