With USD/CHF on the cusp of a bearish engulfing month, we take a look at the pattern’s forward returns alongside the Swiss franc’s seasonality.
By Friday’s close, the ASX200 had produced a bearish outside week after failing to hold above 6,800 which raises the potential for some mean reversion. Given the slight bearish divergence forming with RSI and the clear loss of… Read More
Source: Eikon, City Index To be more precise, GBP/USD has actually closed to a 25-month low. But having recently tested how the S&P500 responded to its 52-week milestone, we extend our curiosity the cable.
Bitcoin has been grabbing the limelight once more as it breaks through key levels like a knife through butter. Having travelled 20% yesterday alone, we’ve analysed how the crypto currency has performed on previous occasions following such levels… Read More