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USDCHF reversed from round support level 0.9000 Likely to rise to resistance level 0.9100 USDCHF currency pair recently reversed up from the round support level 0.9000 (which stopped the previous corrections iv, 4 ii, 1). The support level 0.90000 was strengthened by the lower daily Bollinger Band and by the 50% Fibonacci correction of the […]

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04/09/2024

USD/JPY Sees Modest Rise Amid Anticipation of BoJ Policy Shift

The USD/JPY pair has slightly increased, rising to 145.95 on Wednesday morning. This movement marks a rebound from two-week lows, though it is still early to suggest a significant reversal in the trend due to the ongoing economic climate. Market participants are cautious as they await crucial US employment market data for August, which is […]
15/03/2024

US100: Consolidated and Preparing Correction Below 18100. Key Levels on H4

Bearish Scenario: Shorts below 18100 with TP1: 17900, TP2: 17814, and 17630 with S.L. above 18130 or at least 1% of account capital*. Anticipated Bullish Scenario: Intraday longs above 18130 with TP: 18219, TP2: 18270, and TP3: 18428, with S.L. below 18050 or at least 1% of account capital*. Apply trailing stop. Bullish Scenario after […]
17/04/2024

Oil Risks Remain Tilted to the Upside

He said it. Federal Reserve (Fed) President Jerome Powell said that the Fed may delay its first rate cut due to the lack of progress in cooling inflation following a rapid decline observed by the end of last year. The three straight month of rising inflation in the US convinced the Fed Chair – as […]