Looking to short USD/CHF next week based on a few key factors: US Economic Weakness: If US data comes in weaker (e.g., lower GDP growth, soft inflation), the USD may lose strength, reducing the likelihood of further aggressive rate hikes from the Fed. Safe-Haven Demand for CHF: The Swiss franc could strengthen if market sentiment turns risk-off, driven by...
📌 Market Overview & Analysis • The NZD/USD pair has recently tested a key support level around 0.5550 and showed signs of bullish rejection, suggesting a potential reversal. • Price is currently trading around 0.5740-0.5750, which aligns with the 0.236 Fibonacci retracement level from the recent downtrend. • A break above this level could confirm a move...
Buy NZD/USD when the price of an asset is moving in the opposite direction of a technical indicator, such as an oscillator, or is moving contrary to other data. Divergence warns that the current price trend may be weakening, and in some cases may lead to the price changing direction.
The trend is your friend bullish BTC trend Buy at the support level 40.000