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USDCHF is setting up new upside targets!

USDCHF is heading back to the major daily and weekly Swing High (0.977). Germans Elections had a positive effect during Asian and London’s session. Reviewing the H4 TF, the pair has activated a double bottom pattern and measured target close to 0.993. Alternatively, Fibonacci extensions have set lower targets like the zone 0.977 – 0.978 […]

Gold Emerges Winner After Fed’s Minutes

  – Norway Sovereign Wealth Fund – which owns over 1% of global equities – said it was keeping its exposure to China. (Source: Bloomberg) – Fed’s Kocherlakota: Low real interest rates pose instability risks. Raising inflation goal could hurt Fed credibility. Additionally, more government debt would help financial stability; higher inflation target could mitigate […]

Covid-19 fears are back!

Coronavirus is spreading all over the US and the death toll surpassed 4.000 while the country has the highest number of infections globally. Trump, US President, changed his approach regarding the COVID-19 as he said “I want every American to be prepared for the hard days that lie ahead,” We’re going to go through a […]