USD/CHF is trading in the red after ending its temporary rebound. It’s located at 0.9160 and it could approach and reach new lows soon if the US Dollar Index will resume its downside movement. Still, the pair stands above critical support levels, so only a valid breakdown could bring a new …
EUR/JPY Reverses!
EUR/JPY is trading in the red on the H4 chart at the time of writing. It’s located at 129.82 level and it could resume its drop after invalidating further growth. The pair has registered only a false breakout above a former higher high signaling a bearish reversal. Dropping below the former lows …
US100 Temporary Decline!
US100 (Nasdaq) dropped today but the bias remains bullish. The index has come down to test and retest the immediate downside obstacles. As you already know, US100 has increased as much as 14,074.4 in the last week registering a new historical high. So, the current decline is natural and it could …
