USDCHF price drops below 100/200 hour MAs at 0.8508 after weak PPI data. |
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Published on January 12, 2024
USDCHF price drops below 100/200 hour MAs at 0.8508 after weak PPI data. |
2023-12-14
The EURUSD is making a strong upward move, exceeding resistance levels and testing the 1.1000 target. Further gains could be expected if it surpasses swing highs at 1.1008 and November’s high at 1.10165. Maintaining support above the 61.8% retracement and a key swing area near 1.0959 keeps buyers in control, but a drop below may lead to corrective probing.
2023-12-13
USDCAD falls to new session low, testing key floor level at 1.35478. If broken, next target is the 200-day moving average at 1.35134.
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