Hi, traders! Let’s discuss some crypto news. As you know the fundamentals are essentially important in trading. Thus, we’ll try to speak about them more in future. From the latest news, Switzerland-based token issuer Digital Assets AG, or DAAG, has officially launched its stock-tokenization infrastructure on the Solana blockchain, offering users of the FTX trading...
Switzerland's benchmarket stock index has unwound all its pandemic-induced declines to hit a fresh record high in the last couple of days. A new taste from investors for value stocks outside the US has contributed to the strong performance. If the breakout holds, it suggests new bullish phase for Swiss blue chips
1. Developments surrounding the global risk outlook. As a safe-haven currency, the market's risk outlook is the primary driver of CHF. Swiss economic data rarely proves market moving; and although SNB intervention can have a substantial impact on CHF, its impact tends to be relatively short-lived. Additionally, the SNB are unlikely to adjust policy anytime soon,...
Objective: Outlined in Switzerland's National Bank Act, the objective of the SNB is to ensure pricestability and, in so doing, to take due account of economic developments. The SNB equates price stability with a rise in consumer prices of less than 2% per annum. The SNB uses medium-term inflation forecasts as the main indicator for monetary policy decisions. As...
As a safe-haven currency, the market's risk outlook is the primary driver of CHF. Swiss economic data rarely proves market moving; and although SNB intervention can have a substantial impact on CHF, it's impact tends to be relatively short-lived. Additionally, the SNB are unlikely to adjust policy in the near future, given their overall neutral tone and a lack of...
As a safe-haven currency, the market's risk outlook is the primary driver of CHF. Swiss economic data rarely proves market moving; and although SNB intervention can have a substantial impact on CHF, it's impact tends to be relatively short-lived. Additionally, the SNB are unlikely to adjust policy in the near future, given their overall neutral tone and a lack...
CHFJPY bounced off the pennant pattern support. The market brokeout above the minor downtrend resistance. RSI printed a bullish divergence signal. Buy signal ⬆️.
Here on CHF we are seeing two major important points that can determine the direction of our next trade. First of all we see that the price is really close to a horizontal support. This can gives us a nice risk-reward for a long position. Second of all, we see the price is following a trend line (roughly, it's not perfect admittedly). We can use this trend line...
FA: Dividend Yielding stock, therefore, one that a lot of investors consider in their portfolio. Flight travel is lower, reopening of several rail line due to the increase in demand of rail travel. TA: Not currently a good buy area, would be wise to set buy orders near support line or treat it as a longer play and buy in now and ride the retracement till it...
USD/CHF market has been moving in bear territory for a while, with a short recovery that seems to be failing now considering how the price is breaking out of the short term corrective structure to the downside. With the Swiss Franc topping the currency strength meter charts, it looks like the dollar is gonna have to take the sucker punch. Daily Target 01: ...
Price is stuck in a range market since April 2017. I expect price to find a resistance and come back to the psychological range. If price breaks the resistance, ROYAL PHILIPS could Fly to the Upside.
USDCHF is tracing a triangle pattern that will complete wave B. It is now in wave c of the triangle that should not surpass 1.0248. If price crosses down 0.918 this analysis should be revised. FOLLOW SKYLINEPRO TO GET UPDATES.
SMI has finished or is very near to finish its primary wave 2. After wave 2 is finished, wave 3 down should lead the index to new lows. If the index crosses down 9,380 the odds are that wave 3 has already began. FOLLOW SKYLINEPRO TO GET UPDATES.