The US dollar failed to continue the recent rapid uptrend versus the Swiss Franc, peaked at 1.00646, and lost more than -2.75% (-275 pips, four-digit quotes) of the exchange rate. It’s also notable that the USD/CHF currency pair appeared above…

The S&P 500 stock index charted six straight weekly candlesticks, dropping almost 20% from the all-time high registered in January 2022. On top of that, the index value tested a long-term support curve - Exponential Moving Average with a period…

Weekly Technical - BTC/USD - May 9th 2022   The price of Bitcoin printed six straight weekly candlesticks with a total decline of -29.46% (-$14212.09). The past week’s close price was very close to the previous low at $32933.33 per…

Weekly Technical - GBP/USD - May 2nd 2022   The British Pound is accelerating the downtrend across the board. The GBP/USD exchange rate lost -2.04% (-262.5 pips, four-digit quotes) in the past week, charting a long downside shadow of the…