Janet Yellen, the American Treasury Secretary, reiterated on Monday her plea to Congress to consider increasing or temporarily remove the US debt limit. This is to ward off a probable default by the world's largest economy, which would otherwise run out of money to pay its debts in October. Failure …
Price Action Charts in Focus
EURCHF Breaks Free of the 1.08700 Transition Zone
EURCHF Analysis - Price Breaks Free From the Bearish Reaction at the 1.08700 Resistance EURCHF breaks free of the 1.08700 key level after holding on for 6 trading days. The bullish market was put under duress at the 1.08700 resistance, which threatened to curtail its impressive rally. Price had …
USDCHF Falls Back as It Continues to Rally Up
USDCHF Analysis - Price Falls Back as the Market Approaches a Trend Line USDCHF falls back despite being in an uptrend movement. As the market continues to rally, a pullback is inevitable. The sellers will push the price to fall back before we can expect a rally. The price has been reacting on a …