Tag: forex analysis

Review of the foreign exchange market on 02/15/2019

Yesterday was incredibly interesting and intense but most importantly, extremely diverse in terms of the behavior of certain currencies. For example, the single European currency behaved quite academically, strictly obeying the logic of published macro…

Technical analysis of NZD/USD for February 15, 2019

Overview: The NZD/USD pair breached resistance which had turned into strong support at the level of 0.6705 this week. The level of 0.6705 coincides with a golden ratio, which is expected to act as major support today. The RSI is considered to be over…

Technical analysis of USD/CHF for February 15, 2019

Overview: The USD/CHF pair continues to move upwards from the level of 1.0003. Today, the first support level is currently seen at 1.0003, the price is moving in a bullish channel now. Furthermore, the price has been set above the strong support at t…