EUR/CHF moves sideways in the short term trying to accumulate more bullish energy before coming back higher. It’s trapped within a minor triangle pattern, escaping from this formation could bring a great trading opportunity. The ECB and the Euro-zone manufacturing and services data could bring …
USD/MXN Upside Breakout Favored!
USD/MXN stands at 20.043 at the time of writing and it could resume its upwards movement. The pair has slipped lower to test and retest the immediate support levels, resistance has turned into support. The USD could resume its appreciation if the US Building Permits and Housing Starts indicators …
USD/ZAR Upside Continuation Scenario!
USD/ZAR is into an uptrend, so the bias is bullish. It has decreased to test and retest the uptrend line before resuming its growth. Technically, It could resume its upwards movement as long as it stays above the current uptrend support. Some positive US data reported during the week could boost …
