Category: Pretty
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USDCHF technicals are pretty easy as it trades between MA support and resistance.
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On Wednesday, the USD/CHF pair returned above its 100-hour moving average, and although the price corrected lower in yesterday’s Asian session and early European session, the bearish momentum found willing buyers near this moving average level. The subsequent rally on the back of yesterday’s rally in US stocks (and the…
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It’s not a pretty picture in the Russell 2000
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Send 2000 daily This is what a regime change in the stock market looks like. On Wednesday, the Russell 2000 rose on the back of a weak CPI report and rose yesterday on the Producer Price Index. But here we are at the lows of the week and at a…