EUR/CHF Leaning in Favour of Bulls
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- March 26, 2024
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READ MORECharts: Trading View (Italics: Previous Analysis) EUR/USD: EUR/USD bulls entered an offensive phase on Thursday amidst broad USD softness. The US Dollar Index (USDX) plunged 1 per cent by the close of Europe, driven lower by US Treasury yields navigating south across the curve. Evident from the weekly timeframe, EUR/USD buyers remain in the driving
READ MOREXJO WEEKLY: Last week’s low saw the retest of the 6890 completed, with a high close in the range.
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READ MORECharts: Trading View (Italics: Previous Analysis) EUR/USD: Despite annual US consumer prices remaining at multi-decade tops in April, Europe’s shared currency finished Wednesday largely muted against its US counterpart. As a result, our higher timeframe outlook remains unchanged: A bearish flag pattern remains plotted on the daily timeframe. Technicians will recognise that a flag is
READ MOREXJO WEEKLY: Last week’s low saw the retest of the 6890 completed, with a high close in the range.
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READ MOREXJO WEEKLY: Last week’s low saw the retest of the 6890 completed, with a high close in the range.
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