Markets Markets yesterday saw the glass half full rather than half empty but for now its too early to draw any conclusion on a tentative bottoming out-process in (US) yields and/or equity markets. Regarding the multiple, often divergent storylines that markets have to cope with, the US trying to convince Russia to accept its proposal […]
Jun 18, 2024
EURCHF: Key Support
In the Daily Timeframe, EURCHF started to decline after a bullish trend and reached 61.8 Fibonacci and the trend line. Despite the strong bearish sentiment, the RSI indicates oversold. If the price breaks the trend line and falls below 0.9510, the downside target will be 0.9400; A bounce from the trendline will bring EURCHF back […]
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