🔹 Bought USD/CHF @ 0.9146(This is Only half of our entries and 5mins late)

Position update: 🔹 Bought USD/CHF @ 0.9146 🔹 Stop loss @ 0.9093   The U.S. CPI came in higher than expected, with the headline index rising 0.5% MoM and the core index up 0.4% MoM. This clearly indicates that disinflation has not progressed, further dampening expectations for additional Fed rate cuts. In the short-term money […]

USD/CHF: Approaching the Support Line of the Downward Channel 0.8920–0.8670

Current Trends The USD/CHF pair is trading at 0.8829, showing a corrective trend amidst negative movement in the US dollar. The Swiss franc has strengthened following the release of macroeconomic indicators. While the country’s key industries had been sluggish, signs of recovery are now evident. This week, attention is focused on the July leading indicators […]