Monthly archive May, 2017

Key Points

• The British Pound remained in an uptrend and moved above 1.2900 against the Swiss Franc.
• The GBPCHF pair is currently attempting a break above a short-term resistance at 1.2940 on the hourly chart.
• In Switzerland, the Unemployment Rate Read More →

Key Points

• The Euro after trading towards 1.1020 against the US Dollar found sellers and moved down.
• The EURUSD pair moved down and recently broke a major support area at 1.0940 and a bullish trend line at 1.0930 on the Read More →

The euro backed off from its highs on Monday, as forex investors took profit following centrist Emmanuel Macron's victory in France's presidential election. Traders booked their profits on around 3 percent gains for the single currency since he won the Read More →