USD/CHF – Technical Analysis

With the weakening of the dollar that we have seen since the end of last week, there has been significant strength in this safe haven pair. On the daily chart above, we can see that price was consolidating below the highlighted region, 0.91800, which was acting as resistance before breaking to the upside with priceContinue reading “USD/CHF – Technical Analysis”

USD/CAD – Updated Analysis

The announcement of the Fed wanting to maintain average inflation of 2% over time caused major volatility In various markets and ultimately sent saw the Canadian dollar gain on the U.S. dollar. On the 4 hour chart above we can see price fell short of the third touch of the trend line but structure wasContinue reading “USD/CAD – Updated Analysis”

NZD/USD – Zones To Look Out For

There have been some attractive zones offering support and resistance on this pair recently which will be looked at below but first let’s start on the daily time frame to get a general idea of how this pair has been trending. On the daily time frame, we can see that the overall trend here isContinue reading “NZD/USD – Zones To Look Out For”

DXY – COVID-19 Concerns Causing Dollar Weakness

Welcome to another AspireFX blog. We’ve seen the majority of dollar data come out positive as of late which leaves the question to be asked, what is actually causing dollar weakness across the board? There has been a surge in new COVID-19 cases reported in the US which has caused the dollar to take aContinue reading “DXY – COVID-19 Concerns Causing Dollar Weakness”