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USD/CHF - A Promising Bottom Fishing Opportunity Unfolds
Wednesday, July 19, 2023 - 11:50pm | 172Read More...The USD/CHF is currently forming a descending wedge pattern, hinting at a potential turnaround and reversal in its downward trajectory. Over the past nine months, the USD has experienced a steady decline against the Swiss Franc, and it appears to be nearing the end of stage 4, preparing to...
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GBP Benefitting from Forex Traders Retreat from Euro?
Monday, June 20, 2011 - 1:56pm | 426Read More...The British Pound may have finally gotten a break today, as the currency opened at 1.6177, up from its low of 1.6105 last week but still down from 1.6384 on June 14th. The GBP/USD had been falling last week, perhaps due to concerns about declining inflation in the U.K. and a struggling British...
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Shakeup in Euro Strengthens USD, CHF; Traders Await Meeting in July
Monday, June 20, 2011 - 12:05pm | 661Read More...The euro is struggling as fears of Greek debt threaten to outweigh the EUR/USD gains from last week. Currently the EUR/USD is near 1.4317, up from 1.4315 on Friday. Fears regarding Greece's debt burden have been especially heightened following the recent meeting in Luxembourg. At the meeting, EU...
