
Please try another search
The USD/CHF is at risk of a false breakout. The move above the .9150 is quickly reversing today as the sentiment was about as bearish as we have seen in recent years (the Daily Sentiment Index was at 5 on Wednesday).
Price has moved far enough higher to squeeze shorts out of the market and entice new long trades.
A close back below .9150 should target the 200-DMA or previous channel support near the .8970 level. Also, the weekly candle would show a false breakout (tomorrow) as well.
Fed, ECB, BoE and SNB hold their final policy decisions of the yearWill they push back on rate cut expectations?US CPI and flash PMIs will be crucial tooFed to hold rates but will...
Australian dollar steady after sharp gains on Thursday US nonfarm payrolls expected to climb to 180,000 The Australian dollar is trading quietly on Friday. In the European session,...
The big yen rally has been exacerbated by positioning factors, but markets may keep speculating on a BoJ December hike unless Japanese officials protest against hawkish bets before...
Are you sure you want to block %USER_NAME%?
By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.
%USER_NAME% was successfully added to your Block List
Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.
I feel that this comment is:
Thank You!
Your report has been sent to our moderators for review
Add a Comment
We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:
Enrich the conversation, don’t trash it.
Stay focused and on track. Only post material that’s relevant to the topic being discussed.
Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.
Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.