At the beginning It was Swiss Franck and now Japanese Yen are considered to be a safe-currency even though USDJPY dropped below 102,00 this week and EURJPY is traded at 13-day minimum of 139,10.
Recommendation: we buy the pair in case of a breakthrough and clear fixation above strong intermediate …
USDCHF dropped to 0,8850 on Monday. 5th day in a row it crossed the level of 0,8876 (Fibonacci 78,6% level), but does not close below it. We believe that as long as this level holds, pair recovery is quite possible, but only the increase above 0,8964 will decrease the …
During the European session Chinese Yuan dropped to six-month minimum against USD continuing rapid decrease from the last week. We believe that People’s Republic Bank of China is trying to open specific expectations regarding positioning and stop the inflow of speculative capital. If to speak about the other markets, Ukraine …
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