Market Analysis
USD/CHF was negative throughout the past 2 days and is likely to stay at same zone. We might see some pullback in days to come but overall, the trend is still very much on one the wrong side, so better to go for shorts.
USD/CAD was bearish in past 2 days of this week so far, it is highly likely that we will witness things recovering but overall the trending still is very much highlightning the bearish game, so it is better to focus on short trades.
GBP/CHF has seen massive drop in following weeks and even months. And with most likely scenario, it is not going to change anytime soon at all. So better to focus on shorts with downsize movements as they come.
Usd/Cad: Due to some upcoming news dollar is trying to reverse its trend but for some specific reason, it's still moving bearish trend so hope tomorrow we will see a good bullish trend.
Eur/Chf: Just on 30 minutes chart this pair is showing some bullish trend and if we take a look at technical analysis then we will see a good buy signal for this pair so investors can easily pick this pair for long.
Usd/Cad: in an hourly chart dollar is losing some prices and if the gross domestic product news goes negative then it might go more down and the next support will be the 1.2950 level.
GBP/USD: If we take a look at the hourly chart then we will see a massive uptrend as a few hours back it went too much downtrend but from the last hour it's just raising its price where the price level is 1.3352.
ETH/USD is running well and could target 700 mark, but whether it can cross that number is going to be very hard to predict right now, it will be very much wait and watch scenario for all to see.
LTC/USD is moving rapidly, as it nears 100 level, I will be a major achievement, and once it crosses this make, it is highly likely to go for a very wild ride, it will be a good time to go for buy on the dip.