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USD/CHF: under pressure Ichimoku Cloud; ADX and DI bearish; RSI bearish. The US dollar is under heavy selling pressure versus the Swiss Franc. The recent breakout of the Ichimoku Base line appeared to be false as the bulls did not show any development on the upside. As a result, the USD/CHF currency pair […]
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Author: Andy
Andy Berendeev graduated from the Kiev National Economic University majoring in Econometrics. Andy has experience both in the brokerage and research side of the industry having worked for multiple major brokerages around the globe. Andy's weekly 'Technical Take' enables our readers to zone in on the need to know trading opportunities for the coming week. Intraday opportunities that Andy highlights are also high on the watchlist of our readers.
Recent posts by Andy
Technical Video – June 24th, 2022
Silver Breaking Down
Silver: bearish continuation Williams Alligator bearish; ADX and DI bearish; RSI bearish. The price of Silver formed a descending channel, and recent selling pressure is pushing it towards the bottom trendline. The four-hour chart setup below is completely bearish. Williams Alligator is in the ebarish eating mode with all of the lines reflecting […]
USD/MXN Under Pressure
USD/MXN: under pressure Williams Alligator bearish; ADX and DI mixed; RSI bearish. The four-hour chart of the USD/MXN currency pair has a bearish continuation pattern (see below). The Williams Alligator indicator performed a bearish crossover, placing all of the lines in the ebarish eating mode. There was a test of the bottom line […]
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The Broker you can Trust
A Book Execution Only True ECN
Over 33% lower spreads
5 Star Reviews
Its only Fair,
Fair Forex