GBP/USD – Technical Analysis

The Bank of England decided to hold bank rates at 0.10% but also discussed the effectiveness of negative rates which has seen the pound fall significantly in the last two hours. Looking on the 4-hour chart above, we can see there was a pullback into the 78.6 as well as the key level of 1.30000Continue reading “GBP/USD – Technical Analysis”

USD/CHF – Swiss Franc Technical Analysis

Welcome to another blog by AspireFX. Today we’ll be doing a top down analysis on the Swiss Franc versus the US dollar. With the Swiss Franc being a safe haven currency and there being talk of the dollar weakening in the second quarter, let us look at potential downside movement. With it being a publicContinue reading “USD/CHF – Swiss Franc Technical Analysis”

USD/ZAR – Pullback Or Recovery On The Way?

Good day traders and welcome to another breakdown of USDZAR. Today, we’ll be taking a closer look at the fundamentals that coincide with the technicals that has been driving price downward.  On the weekly timeframe, there was an attempt at breaking the previous high of 19.33. A wick was left just short of that highContinue reading “USD/ZAR – Pullback Or Recovery On The Way?”