Key Points

• The British Pound remained elevated above the 1.2450 support against the Swiss Franc.
• There is a major resistance formed near 1.2500 on the hourly chart of GBPCHF, which is protecting gains at the moment.
• Today in Switzerland, the Read More →

Major equity indices were mostly heading lower during the asian session, changes were however marginal so far. The highlight in Wednesday’s economic docket was for the Fed’s release of the latest FOMC meeting minutes.

Minutes mainly focused on the Read More →

Key Points

• The Euro made a downside move recently and traded towards 1.1340 against the US Dollar.
• There is a major bearish trend line with resistance at 1.1365 forming on the hourly chart of EURUSD.
• Today in the Euro Zone, Read More →