financetom
Technology
financetom
/
Technology
/
USDCHF gets ready to attack key resistance -Analysis-02-05-2025
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
USDCHF gets ready to attack key resistance -Analysis-02-05-2025
May 25, 2025 7:39 PM

The USDCHF price rose in its recent intraday trading, supported by its trading alongside bullish correctional trend line on the short-term basis, taking advantage of the positive pressure that comes from its trading above EMA50, to get ready to attack the critical resistance at 0.8335, the price success in offloading some of the clear overbought conditions on the (RSI) reinforces the positive scenario, and provides better chances for the pair to achieve more of the gains.

Do you need help in trading decisions? Do you want to learn how to start trading?

Join Economies.com VIP Club and benefit from over 15 years of market analysis expertise and get:

Full coverage of commodities such as gold, oil, silver, and more Full coverage of all major forex currency pairs Full coverage of key global indices and stocks Full coverage of major cryptocurrencies and meme coins Accurate analysis and daily updated price forecasts Exclusive and breaking news Reliable trading ranges for effective risk management Comprehensive educational materials, competitions and prizes! Innovative tools to enhance your trading performance Special Offer: Subscribe to the Economies.com VIP channel and get also a free subscription to a trusted trading signals channel provided by Best Trading Signal.

Join Economies.com VIP Club

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Spotlight on ASML Holding: Analyzing the Surge in Options Activity
Spotlight on ASML Holding: Analyzing the Surge in Options Activity
Mar 25, 2024
Deep-pocketed investors have adopted a bullish approach towards ASML Holding ( ASML ) , and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in ASML ( ASML ) usually suggests something big is about to happen. We...
Ericsson Cuts 1,200 Swedish Jobs Due to Falling Orders
Ericsson Cuts 1,200 Swedish Jobs Due to Falling Orders
Mar 25, 2024
Ericsson has announced plans to lay off 1,200 employees in Sweden to adjust to decreased demand and the cautious approach of mobile service providers towards orders.  This workforce reduction is part of a broader strategy to cut costs, which includes downsizing facilities, lessening reliance on consultancy services, and streamlining existing processes.  These job cuts, which account for approximately 8.6% of Ericsson’s Swedish workforce as...
Small investor group seeks seat on Telecom Italia's revamped board
Small investor group seeks seat on Telecom Italia's revamped board
Mar 25, 2024
MILAN, March 25 (Reuters) - ASATI, an association of small investors in Italian phone group Telecom Italia (TIM), said on Monday it is filing a list of candidates for the board of directors, which is up for renewal at next month's annual general meeting. ASATI is seeking to appoint a director representing 8,000 small TIM shareholders collectively holding a combined...
Consumers sue Apple, taking page from US Justice Department lawsuit
Consumers sue Apple, taking page from US Justice Department lawsuit
Mar 25, 2024
March 25 (Reuters) - Apple ( AAPL ) has been hit with a flurry of new consumer lawsuits accusing the iPhone maker of monopolizing the smartphone market, piggybacking on a sweeping antitrust case lodged by the U.S. Justice Department and 15 states last week. At least three proposed class actions have been filed since Friday in California and New Jersey...
Copyright 2023-2026 - www.financetom.com All Rights Reserved