The pound has stayed rather static for some days due to rising COVID-19 cases and the spread of the Omicron strain putting pressure on the currency. The GBP/USD exchange rate is about $1.3400 at the time of writing, which is almost unchanged from figures from the past two days. Sterling Moves …
Money management
EURCHF Slant Tendency Is Likely to Persist in a Bearish Environment.
EURCHF Analysis - Bearish Slant Tendency Will Persist Below the 1.04700 Key Level EURCHF slant tendency is likely to persist below the 1.04700 key level. Price flow has consistently progressed under a bearish influence as sellers maintain market perspectives. EURCHF is, therefore, prepared to …
USDCHF Is Expected to Revert to Its Previous Resistance Level
USDCHF Analysis - Price Is Expected to Return to the Resistance Level of 0.93650 USDCHF is expected to revert to its previous resistance level of 0.93650 as the market seeks to continue its bullish streak. The bulls are much more visible as they cover the overall building domains in the market. …
