1. Support and resistance levels 2. Trend lines 3. Reversing patterns. 4. Interest rates Swiss National Bank
1. Support and resistance levels 2. Trend lines 3. Reversing patterns. 4. Interest rates Swiss National Bank
Selling CHF/JPY could be based on several macroeconomic and technical assumptions. Here’s a rationale based on both real-world factors and potential market dynamics: 1. Swiss National Bank (SNB) Policy Monetary Policy Divergence: If the Swiss National Bank (SNB) maintains a dovish stance, perhaps due to concerns about inflation being too low or economic growth...
Buying Cardano (ADA) can be a good investment or a way to participate in the blockchain ecosystem depending on your goals and interests. Here are a few reasons why people choose to buy Cardano: 1. Strong Foundation and Scientific Approach Cardano was developed using scientific research and peer-reviewed academic work. The project uses mathematical proofs to...
SLP (Smooth Love Potion) is a cryptocurrency used primarily in the Axie Infinity game ecosystem. It has a specific role and its value and appeal depend on several factors. Here are some reasons why someone might decide to buy SLP: 1. Uses in Axie Infinity SLP is used for: Breeding Axies – Axie Infinity is a blockchain-based game where players own and raise...
Investing in Nike (NKE) stock could be an appealing opportunity at current prices for several reasons: Upside Potential: Analysts project an average 12-month price target of $96.30, representing about a 23% upside from the current price of approximately $78.28. Some forecasts even suggest a high target of $130 Strong Financials: Nike has demonstrated...
1. Strong Economic Indicators for Canada GDP Growth and Employment: The Canadian economy shows stable growth, with strong macroeconomic data like GDP and low unemployment supporting demand for the CAD. Impact of Oil Prices: As a major oil exporter, the CAD is highly correlated with oil prices. When oil prices rise, the Canadian dollar typically appreciates,...
1. Strong Economic Indicators for Canada GDP Growth and Employment: The Canadian economy shows stable growth, with strong macroeconomic data like GDP and low unemployment supporting demand for the CAD. Impact of Oil Prices: As a major oil exporter, the CAD is highly correlated with oil prices. When oil prices rise, the Canadian dollar typically appreciates,...
Why invest in Invesco DB Commodity Index Tracking Fund (DBC)? The Invesco DB Commodity Index Tracking Fund (DBC) is one of the most popular exchange-traded funds (ETFs) that offer an easy and efficient way to gain exposure to commodities. This fund is designed to track the movement of a broad-based index of major commodities, making it an excellent choice for...
The New Zealand Dollar (NZD) is generally considered a higher yielding currency. It is dependent on the export of agricultural and other resources. New Zealand's strong economic performance and rising commodity prices often lead to increased demand for the NZD. If the economic data from New Zealand is positive, this could have a positive effect on the...
This is my SELL view on CHFJPY 🔊🔻 Selling CHF/JPY (Swiss Franc/Japanese Yen) might be a good move for several reasons, depending on the current market conditions and your trading strategy. Here are a few potential reasons why selling this currency pair could make sense: 1. **Weak Swiss Economy or Central Bank Intervention**: If the Swiss National Bank...
I think this is a good starting point from technical analysis to start a bull trend
I think this is a good starting point from technical analysis to start a bull trend
CHFJPY Potentially the Final Top Here, record highs, time for a correction
Near-term outlook: Is the Swiss Franc going to get stronger or weaker against the Yen in the coming weeks? In two months the Swiss Franc-to-Yen exchange rate is forecast to trade at 160.8 (Q2 2024), 6.46% lower compared to today's price. Medium-term outlook: Is the Swiss Franc going to rise or fall against the Yen in the coming months? In five months the Swiss...
This is my SELL view on CHFJPY 💲 SELL - 166.650 ✔️ TP - 147.700 🔴 Sl - 174.666
💲 Buy - 147 ✔️ TP - 570 Add at lower levels A good opportunity and it is in the portfolio of many of the largest shareholders
It is the largest producer of lithium in the world. And these are great levels to buy 💲 Buy - 57 ✔️ TP - 200