Tag Archive: EUR/USD

Weekly Technical Analysis: 14/05/2018 – USD/JPY, EUR/USD, EUR/JPY, GBP/USD, USD/CHF

2018-05-15

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2018-05-15

USD/CHF, May 15
The USDCHF pair provided positive trading yesterday to test 1.0000 level and settles around it, and as long as the price is below this level, our bearish overview will remain valid, noting that our next target is located at 0.9900, while breaching 1.0000 followed by 1.0055 levels represent the key to regain the main bullish trend again. Expected trading range for today is between 0.9920 support and 1.0055 resistance.

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Weekly Technical Analysis: 07/05/2018 – USD/JPY, EUR/USD, GBP/USD, Gold

2018-05-09

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2018-05-09

USD/CHF, May 09
The USDCHF pair’s recent trades are confined within mew minor bearish channel that we believe it forms bullish flag pattern, thus, the price needs to breach 1.0035 to activate the positive effect of this pattern followed by rallying towards our waited target at 1.0100. Therefore, we will continue to suggest the bullish trend supported by the EMA50, unless we witnessed clear break and hold below 1.0000. Expected trading range for today is between...

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Weekly Technical Analysis: 23/04/2018 – USD/JPY, EUR/USD, GBP/USD, AUD/USD, WTI oil futures

2018-04-26

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2018-04-26

USD/CHF, April 26
The USDCHF pair touched the bullish channel’s resistance that appears on the chart, and the price might be forced to show some temporary decline to test the support base formed above 0.9790 before resuming the rise again. In general, we will continue to suggest the bullish trend supported by the EMA50, depending on the organized trading inside the mentioned bullish channel, noting that our next target is located at 0.9900, while holding above...

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Understanding the Latest International Reserve Figures

2018-04-11

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2018-04-11

At the end of every quarter, the IMF publishes the most authoritative reserve data with a three-month lag. On Good Friday, the IMF published Q4 17 reserve holdings. A recent article on Bloomberg played up an economist's forecast that euro reserves would increase by $500 bln over the next couple of years. A review of the reserve data may help us evaluate such a claim, which if true, could have important implications for international investors.

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Weekly Technical Analysis: 26/03/2018 – USD/JPY, EUR/USD, GBP/USD, AUD/JPY, GBP/JPY, USD/CHF

2018-03-27

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2018-03-27

USD/CHF, March 27
The USDCHF pair provided negative trades after 0.9488 proved its strength against the recent positive attempts, to keep the bearish trend scenario valid efficiently in the upcoming period, supported by the EMA50 that pushes negatively on the price, waiting to test 0.9373 initially.

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Weekly Technical Analysis: 19/03/2018 – USD/JPY, EUR/USD, GBP/USD, NZD/USD, USD/CHF

2018-03-19

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2018-03-19

USD/CHF, March 19
The USDCHF pair leaned well on 0.9488 level to resume its positive trading, on its way towards our first waited target at 0.9581, as the price moves inside bullish channel that appears on the above chart, supported by the EMA50 that protects trading inside this channel, noting that breaching the targeted level will extend the pair’s gains to reach 0.9675.

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Weekly Technical Analysis: 12/03/2018 – USDJPY, EURUSD, GBPUSD, Gold

2018-03-13

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2018-03-13

USD/CHF, March 13
The USDCHF pair traded negatively yesterday to break 0.9488 and settles below it, which stops the positive effect of the recently mentioned bullish pattern and push the price to decline again, targeting heading towards 0.9373 initially.

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Weekly Technical Analysis: 05/03/2018 – USDJPY, EURUSD, GBPUSD, EURGBP, AUDUSD

2018-03-06

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2018-03-06

USD/CHF, March 06
The USDCHF pair shows sideways trading around the EMA50, noticing that the EMA50 shows clear negative signals on the four hours’ time frame, while the price settles below the intraday bullish channel’s support line that appears on the chart.

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Market Efficiency? The Euro is Looking Forward to the Weekend!

2018-02-25

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2018-02-25

Room
As I have shown in previous issues of Seasonal Insights, various financial instruments are demonstrating peculiar behavior in the course of the week: the S&P 500 Index is typically strong on Tuesdays, Gold on Fridays and Bitcoin on Tuesdays (similar to the S&P 500 Index). Several readers have inquired whether currencies exhibit such patterns as well. Are these extremely large markets also home to such statistical anomalies, or is market efficiency...

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Weekly Technical Analysis: 20/02/2018 – USD/JPY, EUR/USD, GBP/USD, USD/CAD, USD/CHF

2018-02-20

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2018-02-20

USD/CHF, February 20
The USDCHF pair approached our waited target yesterday, represented by the bearish channel’s resistance that appears on the above chart, noticing that the price faces good resistance at the EMA50, which forms negative pressure that we expect to push the price to resume its main bearish track again.

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Weekly Technical Analysis: 12/02/2018 – USD/JPY, EUR/USD, GBP/USD, WTI Oil Futures, USD/CHF

2018-02-12

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2018-02-12

USD/CHF, February 12
The USDCHF pair trading settles below the previously broken support that appears in the image, while stochastic provides negative overlapping signal on the four hours time frame, which supports the continuation of our bearish trend expectations in the upcoming sessions, reminding you that our next target at 0.9254.

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Weekly Technical Analysis: 05/02/2018 – USD/JPY, EUR/USD, GBP/USD, AUD/USD, USD/CHF

2018-02-07

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2018-02-07

USD/CHF, February 07
The USDCHF pair traded with clear negativity yesterday to approach our waited target at 0.9418, to keep the bullish trend scenario active until now, being away that it is important to monitor the price behavior when touching the mentioned level, as breaching it will push the price to extend its gains and head towards 0.9530 as a next station, while its stability will push the price to decline again.

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Weekly Technical Analysis: 29/01/2018 – USDJPY, EURUSD, GBPUSD, GBPJPY

2018-01-30

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2018-01-30

USD/CHF, January 22
The USDCHF pair shows some bullish bias to approach retesting the previously broken support that turns into key resistance now at 0.9418, noticing that stochastic loses its bullish momentum clearly to reach the overbought areas, while the EMA50 forms continuous negative pressure against the price.

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Initial Thoughts on Draghi

2018-01-27

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2018-01-27

ECB President Draghi was unable to arrest the US dollar's slide and euro's surge. But he did not try particularly hard. While many investors are a bit stumped by the pace and magnitude of the dollar's slump, Draghi seemed to imply that it was perfectly understandable given the recovery of the eurozone economy.

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Weekly Technical Analysis: 22/01/2018 – USD/JPY, EUR/USD, GBP/USD, USD/CHF

2018-01-22

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2018-01-22

USD/CHF, January 22
The USDCHF pair found solid support at 0.9564 barrier, which forced the price to rebound bullishly to approach testing the key resistance 0.9655, met by the EMA50 to add more strength to it, while stochastic shows clear overbought signals now.

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Weekly Technical Analysis: 15/01/2018 – USDJPY, EURUSD, GBPUSD, WTI Oil Futures

2018-01-16

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2018-01-16

USD/CHF, January 16
The USDCHF pair succeeded to break 0.9656 level and hold with a daily close below it, which confirms opening the way to extend the bearish wave towards our yesterday's mentioned next target at 0.9566, noticing that the price approaches retesting the broken level now.

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Weekly Technical Analysis: 18/12/2017 – USD/CHF, USD/JPY, EUR/USD, GBP/USD, EUR/CHF

2017-12-19

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2017-12-19

USD/CHF, December 19
The USDCHF pair traded with clear negativity yesterday to break 0.9892 level and settles below it, which stops the recently suggested positive scenario and put the price within the correctional bearish track again, noting that there is a bearish pattern that its signs appear on the chart, which means that breaking its neckline at 0.9840 will extend the pair's losses to surpass 0.9800 and reach 0.9730 as a next station.

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Weekly Technical Analysis: 11/12/2017 – USD/CHF, USD/JPY, EUR/USD, GBP/USD, Gold

2017-12-12

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2017-12-12

USD/CHF, December 12
The USDCHF pair begins to bounce higher after approaching from 0.9892 level, supported by the EMA50 that meets the mentioned level, while stochastic shows clear bullish trend signals on the four hours time frame. Therefore, these factors encourage us to keep our positive expectations in the upcoming period, waiting for visiting 1.0038 level as a next main station, being aware that breaking 0.9892 will stop the expected rise and turns the price back...

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Weekly Technical Analysis: 28/11/2017 – USD/CHF, USD/JPY, EUR/USD, GBP/USD, GBP/JPY

2017-11-28

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2017-11-28

USD/CHF, November 28
USD/CHF, USD/JPY, EUR/USD, GBP/USD, GBP/JPY

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Weekly Technical Analysis: 20/11/2017 – USD/CHF, USD/JPY, EUR/USD, GBP/USD, GBP/AUD

2017-11-22

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2017-11-22

USD/CHF, November 20
USD/CHF, USD/JPY, EUR/USD, GBP/USD, GBP/AUD

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