Category: Pullback

  • UBS suggests shorting USD/CHF amid DXY pullback and data woes By Investing.com

    UBS recommended investors sell the pair, indicating attractive entry levels for trading. The company confirmed that the DXY index, which measures the strength of the US dollar against a basket of currencies, fell 1.5% from its peak in late April due to disappointing US economic data. Despite the Federal Reserve’s…

  • Chart Art: GBP/CHF Bullish Trend Pullback Zone

    The British pound pair broke the resistance level at 1.1450 but is now stopping near 1.1650. Is it time for a big correction? Take a look at the area of ​​interest I am watching on the 4 hour time frame. GBP/CHF Forex 4 Hours Chart by TradingView Did you miss…