Current trend Since the beginning of the previous week Swiss franc has been falling against USD and the majority of other currencies. Yesterday at its meeting the National Bank of Switzerland decided to keep the interest rate on the minimal level of -0.75%. By this decision the NBS confirmed its...
On the 4-hour chart the upward momentum within the third wave 3 of the highest level is forming. Locally the fifth wave v of 3, within which the third wave (iii) of v of the lower level is developing, is forming. If the assumption is correct, the price will...
The upward momentum within the third wave 3 of the highest level is forming. Locally the fifth wave v of 3, within which the upward momentum as a third wave (iii) of v of the lower level is developing, is developing. If the assumption is correct, the price will...
The upward momentum within the wave c of 4 of the highest level has formed, and the development the fifth wave 5 has begun. At the moment the first wave i of 5, within which the upward correction of the lower level (iv) has ended, is developing. If the...
On the 4-hour chart the third wave of the highest level 3 is developing. At the moment the downward correction as a wave iv of 3, within which the downward momentum as a wave (c) is forming, is developing. If the assumption is correct, the pair will lower to...