Tag Archives: Euro

Emmanuel Macron will neue Institutionen für die Eurozone. Foto: Thomas Samson (AP) Alle wissen es, alle beklagen es: Die Europäische Währungsunion funktioniert in der heutigen Form nicht richtig. Deshalb hat der französische Präsident Emmanuel Macron vor einigen Monaten einen Vorschlag zur Verbesserung der Euro-Architektur gemacht. Im Kern läuft es auf eine stärkere Integration hinaus, die mittels eines eigenen Parlaments, eines Finanzministers und eines gemeinsamen Budgets stabilisiert...

USD/CHF The USDCHF pair traded negatively yesterday to break 0.9488 and settles below it, which stops the positive effect of the recently mentioned bullish pattern and push the price to decline again, targeting heading towards 0.9373 initially. Therefore, the bearish bias will be expected for today unless the price managed to breach 0.9488 and hold above it again, as breaching it will extend the correctional bullish...

Die Wirtschaft stagniert: Baustelle in Rom. Foto: Alessia Pierdomenico (Getty) Das Ergebnis der italienischen Wahlen ist alles andere als überraschend, wenn man die ökonomischen Daten betrachtet. Seit bald zwanzig Jahren kommt die Wirtschaft kaum vom Fleck. Auch die jüngste Konjunkturaufhellung in Europa ändert wenig an der italienischen Tristesse. Um die jahrelange Stagnation zu überwinden, wäre ein überdurchschnittliches Wachstum erforderlich. 2017 wuchs die Wirtschaft nicht einmal um...

USD/CHF The USDCHF pair shows sideways trading around the EMA50, noticing that the EMA50 shows clear negative signals on the four hours’ time frame, while the price settles below the intraday bullish channel’s support line that appears on the chart. Therefore, we will continue to suggest the bearish trend in the upcoming period conditioned by the price stability below 0.9440 level, noting that breaking 0.9373 is...

USD/CHF The USDCHF pair approached our waited target yesterday, represented by the bearish channel’s resistance that appears on the above chart, noticing that the price faces good resistance at the EMA50, which forms negative pressure that we expect to push the price to resume its main bearish track again. Therefore, the bearish bias will be suggested in the upcoming sessions, and the waited targets begin at 0.9254...

USD/CHF The USDCHF pair trading settles below the previously broken support that appears in the image, while stochastic provides negative overlapping signal on the four hours time frame, which supports the continuation of our bearish trend expectations in the upcoming sessions, reminding you that our next target at 0.9254. Therefore, the decline will remain preferred on the intraday basis unless breaching 0.9424 level...

US imports rocketed higher once again in December, according to just-released estimates from the Census Bureau. Since August 2017, the US economy has been adding foreign goods at an impressive pace. Year-over-year (SA), imports are up just 10.4% (only 9% unadjusted) but 9.3% was in just those last four months. For most of 2017, imports were flat and even lower. The question is, obviously, what has changed? Did the boom...

USD/CHF The USDCHF pair traded with clear negativity yesterday to approach our waited target at 0.9418, to keep the bullish trend scenario active until now, being away that it is important to monitor the price behavior when touching the mentioned level, as breaching it will push the price to extend its gains and head towards 0.9530 as a next station, while its stability will push the price to decline again. We should...

USD/CHF The USDCHF pair shows some bullish bias to approach retesting the previously broken support that turns into key resistance now at 0.9418, noticing that stochastic loses its bullish momentum clearly to reach the overbought areas, while the EMA50 forms continuous negative pressure against the price. Therefore, our bearish overview will remain active for today unless breaching 0.9418 level and holding above it,...

Economic Reports Production Production ended the year on a strong note but early readings from January are not as positive. The December industrial production report headline was strong at a 0.9% gain but a lot of that strength was in the mining (oil drilling) and utility sectors. Mining has actually led the way the last year as rig count has risen with drilling activity. I’d love to see our economy less dependent on...