GBP/CHF Technical Review & Forecast

We expect the formation of a second wave.

Technical Analysis
15 Mar 2018
GBP/CHF Technical Review & Forecast

Today Switzerland has agreed on the issue of the Swiss interest rate. As expected, they chose to leave it unchanged at the level of -0.75%. In addition, a presentation was made with an assessment of the monetary policy of the National Bank of Switzerland.

An auction on the placement of 10-year Treasury bonds will take place in the UK today.

After reviewing our chart and technical indicators, we see that the price has broken the Bollinger's level and rushed down at the moment. Considering the motion of the pair from the side of the wave analysis, we can assume that a second "corrective" wave is being formed now. In this case, we will expect a rollback to the level of 1.3120.

Therefore, in case of a confirmation of the formation of this wave, it is advisable to take short positions and seek targets near the level of 1.3120 and its possible break.

SuperForex
USD/MXN: Fundamental Review & Forecast

Technical Analysis

USD/MXN: Fundamental Review & Forecast

The USD which was under negative political factors can strenghten soon with new statistics. The deals to BUY seem effective at the moment.

SuperForex
14 Mar 2018
GBP/USD Technical Analysis

Technical Analysis

GBP/USD Technical Analysis

We are waiting for a bearish movement.

SuperForex
13 Mar 2018
AUD/CAD Technical Analysis

Technical Analysis

AUD/CAD Technical Analysis

SuperForex
12 Mar 2018