USD/CHF - Triangle Breakout (06.06.2025)

6 giu

The USD/CHF pair on the M30 timeframe presents a Potential Buying Opportunity due to a recent Formation of a Triangle Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the coming hours.

Possible Long Trade:
Entry: Consider Entering A Long Position around Trendline Of The Pattern.

Target Levels:
1st Resistance – 0.8263
2nd Resistance – 0.8227

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6 giu

Trade attivo

Placed

6 giu

Nota

Now in Good Profit

7 giu

Nota

The dollar strengthened against on Friday following the release of data indicating stronger-than-anticipated U.S. job growth in May, despite a decline from the prior month. This development hints that the Federal Reserve could delay its plans to lower interest rates.

8 giu

Nota

Fundamental Updates:
The European Central Bank (ECB) has made "great progress" in controlling inflation, but it should be cautious about new price increases caused by U.S. tariffs, according to ECB policymaker Isabel Schnabel. The ECB recently reduced interest rates for the eighth time in a year and plans to pause next month to understand future growth and inflation trends better.