USDCHF
Jan. 5, 2016, 09:09
Buy on a level breakthrough of 1.0064 with 1.0164 target. Stop loss = 1.0014.
Reason for the trading strategy
Vice-Chairman of the US Federal Reserve, Stanley Fischer made a number of statements, the general meaning of which boils down to the fact that the US Federal Reserve may continue the rate hike cycle. In his opinion, this measure will help avoid various kinds of market bubbles. In May 2015, he declared that the US Federal Reserve would raise its key interest rate to 3,75-4% by 2017-2018.
USDCHF, H4
Jan. 5, 2016, 09:09
Buy on a level breakthrough of 1.0064 with 1.0164 target. Stop loss = 1.0014.
Reason for the trading strategy
Vice-Chairman of the US Federal Reserve, Stanley Fischer made a number of statements, the general meaning of which boils down to the fact that the US Federal Reserve may continue the rate hike cycle. In his opinion, this measure will help avoid various kinds of market bubbles. In May 2015, he declared that the US Federal Reserve would raise its key interest rate to 3,75-4% by 2017-2018.
USDCHF, H4
USDCHF: consolidation higher than the parity level
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