The pair continues its pullback after an important breakout of a long term ascending trendline. The market is now meeting a strong resistance with the daily 20 descending moving average which reminds us that the short term...
We were expecting a bullish resumption on the pair some days ago as the market found some good support on the 38% fib retracement level.
The pair continues to consolidate in a tight range since its sharp from its record low (0,7070) two weeks ago.
We have seen the pair confirming a possible material base on top of its historical low (76,00) with a break back above the 77,00 handle.
The pair has been under intense pressure over the last couple of days with a break below its daily 20 moving average.
The pair continues to evolve in a multi-week range between 1,40 and 1,47 represented by the weekly bollinger bands. An annoucement of another Quantitative Easing from the Fed this afternoon (14:00 GMT) could very well spark a...
The pair continues to be well bid as it seems to have found some good support on top of the 200 moving average.
The pair continues to consolidate (more than 2 weeks range) after its bounce on top of 0,94 and a test of parity. We consider that a major bottom is in place.
The pair continues to consolidate after its sharp from its record low (0,7070) as market participants are now waiting for the next move from the SNB.
The pair continues to consolidate on top of its historical low (76,00). The downside pressure is still very present but a bottom might be in place.
