The Swiss National Bank (SNB) reaffirmed its commitment to intervene in financial markets to limit the franc's rise on Monday. This is due to an influx of buyers resulting from the Ukraine war. The franc has since been rallying upward, breaking parity with the euro in the process.Over the night in …
Forex Strategies
EURCHF Is Gaining Bearish Strength as the Price Rebounds to a Significant Level
EURCHF Analysis: The Market Gains Bearish Strength as Prices Rebound to the 1.02560 Significant Level EURCHF is gaining bearish strength as the price rebounds to the 1.02560 significant level. The market is currently under a bearish impact. The bullish strength is less effective in the market. …
USDCHF Maintains Its Price With Less Tension; Consolidation Continues
Price Analysis: USDCHF Maintains Its Price With Less Strain as Consolidation Continues in the Market USDCHF maintains its price with less tension as consolidation continues in the market. The market's consolidation posture began after a short bullish rally above the 0.91040 critical level in the …