Browsing Tag

EURCHF

EURCHF: Is the Rally Over?

EURCHF witnessed bullish momentum in the early part of November, pushing prices past the €1.08 area. A period of consolidation resulted in a spike at monthly highs aided by a hidden bullish divergence. However, since then, bears have…

The Week Ahead: Technology Supremacy

USDCAD Rebounds as Sino-US Tensions Brew The US dollar could see a silver lining in the tensions between the US and China. President Donald Trump’s executive orders to ban popular Chinese apps WeChat and TikTok are the latest…

The Week Ahead: Risk On, Risk Off

EURCHF Holds Steady Ahead of ECB Rate Decision The common currency has given away its early June’s gains in the wake of the ECB’s massive stimulus of €1.35 trillion. The optimism-led surge has prompted short sides to cover their…

The Week Ahead: Unity Makes Strength

EURCHF Surges Higher on Stimulus Hopes The euro climbed to an 11-week high against the Swiss franc after the European Commission proposed a 750 billion euro recovery plan. Optimism grows as the EU’s 27 nations are expected to settle…