Swiss KOF Economic Barometer dropped from 103.0 to 96.8 in May, below expectation of 102.3. The indicator is now below its long-term average. KOF said, “the Swiss economy is thus likely to develop moderately over the next few months.” The decline was “driven by indicator bundles of almost all branches of the economy”, except financial […]
The post Swiss KOF dropped to 96.8, below long-term average appeared first on Action Forex.
JP225, Daily In the Daily timeframe, JP225 has formed an ascending triangle pattern, and the price is testing the upper boundary. Parabolic SAR indicates the beginning of the upside, which makes it possible to expect Read more…
USDCHF, H4 USDCHF navigates within a reversed head and shoulders patter and aims to test the 0.9030 resistance. The pattern is bullish, however, the MACD shows a bearish divergence, giving a signs of further decline Read more…
The Japanese yen remains under pressure, trading near a five-month low against the US dollar. This trend is primarily driven by differences in monetary policy approaches. On one side, the Federal Reserve maintains a hawkish Read more…