EURCHF – Euro Facing A Monster Resistance
Key Points
- The Euro traded higher recently vs the Swiss Franc, but currently facing a major resistance Read More →
Forex
Forex Free Trading Tips
Monthly archive May, 2016
Daily report on May 26, 2016
On Wednesday, Wall Street gained for the second session due to surging oil prices, and investors’ increasing expectations of an interest rate hike as soon as June or July. Combining the performance in Tuesday and Wednesday, the S&P 500 has Read More →
Setups: EUR/USD, USD/JPY, EUR/CHF, AUD/USD, NZD/USD, USD/CAD – Barclays
EUR/USD: We are overall bearish and would prefer to fade upticks against resistance in the 1.1245 area. A move below our initial downside targets near 1.1100 would open the 1.0990 area.
USD/JPY: No change. We are bearish against the Read More →
GBPUSD – British Pound Setting Up Top?
Key Points
- The British Pound surged higher this week vs the US Dollar, and traded as high Read More →