Trading news

USD/CHF positive bias unchanged – Commerzbank

In view of Karen Jones, Head of FICC Technical Analysis at Commerzbank, the pair’s stance remains positive in light of the recent price action.

Key Quotes

“USD/CHF crept higher leaving our positive bias unchanged. We view the market as having based at the .9861 low. We suspect that the market has turned at the 200 day ma and the 55 week ma at .9890/60 and that this is an interim low. Intraday we note the 13 count on the 60 minute chart and will allow for slight slippage to 1.00 ahead of the next push higher”.

“While above 1.00/.9970 we would expect it to generate some upside interest to 1.0248 11th January high and the 1.0328 2015 and 1.0344 December 2016 highs”.

AG Markets Review

Wednesday, 15 Feb, 2017 / 3:44

Note: Company News is a promotional service of the Directory and the content isn't created by Finance Magnates.

Source : https://www.ag-markets.com/news/

Trading news

 

Perfect Time to Invest In FAANG Stocks

What happened? Apple, Microsoft, and Google reported their financial results [...]

Posted on Wednesday, 28 Jul, 2021 / 12:31 under

US Q2 GDP: Where Is The Economy Heading?

Tomorrow there is a host of key data coming out ahead of the US session, which [...]

Posted on Wednesday, 28 Jul, 2021 / 12:12 under

APPLE CRUMBLES DESPITE CRUSHING MARKET EXPECTATIONS

Apple’s latest results were driven by stronger-than-expected iPhone [...]

Posted on Wednesday, 28 Jul, 2021 / 10:42 under