Germany remains unwilling to provide financial assistance. The late response and the lack of urgency provide a key bearish long-term catalyst for the euro, putting new downward pressure on the EUR / CHF pair.
USD / CHF made an attempt to breach but managed to close the daily candle below it, which keeps the bearish corrective scenario effective in the intraday and short term, supported by the negative pressure formed by the EMA50, waiting for heading towards the next target.
The US dollar has returned to assert that it is the strongest, growing pessimistic outlook for the future of the global economy, which faces the Corona virus pandemic for nearly four months, amid complete paralysis of the global economy that will support the return of investors to buy the dollar as a safe haven again. The price of the EUR / USD fell during...
We observe on the attached chart, the moving average down 55 towards the aforementioned resistance, to confirm that the holding of transactions in the negative range, so we expect soon to present negative pressure and break it, transactions could extend towards 0.8300 to form this first main objective of the downward trajectory.
Technical and technical analysis of the USDCHF USDCHF pair, where technical indicators display the direction of currency prices, such as the MACD indicator, support and resistance points, news, analyzes, forecast, and price movement graph.
Time for the price to drop to the 1.05000 level. The price has breached the resistance level. This is due to the fact that the price was in the ascending channel,
Any sudden headwinds in the world coupled with more instability in the euro area could see a trip to the safe-havens currencies, thus pushing the pair down.
GOOG closed up 0.5 percent on Monday, April 13, 2020, on 70 percent of normal volume. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected