Daily Pivots: (S1) 0.9852; (P) 0.9912; (R1) 0.9975; More USD/CHF is staying in consolidation from 0.9964 and intraday bias stays neutral. In case of another retreat, downside should be contained by 4 hour 55 EMA (now at 0.9783). Break of 0.9964 will target 1.0063 high. Decisive break there will confirm resumption of larger up trend. […]
The post USD/CHF Mid-day Outlook appeared first on Action Forex.
The fear of losing legacy brands is increasingly becoming a reality as even well-known retailers struggle to adapt to shifting consumer preferences, rising operating costs, e-commerce growth, and intensifying competition. Many longstanding companies that once Read more…
As the rising costs of operations continue to squeeze cash flow even with strong visitor numbers, a number of small and mid-size hotel and short-term rental platform operators have filed for bankruptcy over the last Read more…
The Fed may keep rates high, while the ECB is unlikely to raise them. Japan’s economy has been hit by a double blow and needs new stimulus measures. The US dollar fell sharply after Donald Read more…