Technical Analysis

The USDCHF is higher in the day,, near its high for the day and pushing against its 200-hour moving average (green line on the chart above). That moving average comes in at 0.8965. The current price is trading at 0.8962. The last 4 hourly bars have been banging against the moving average without much success
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Alphabet, the parent company of Google, is set to release its third-quarter earnings. Analysts expect Earnings of $1.45 per share Revenue of $75.97 billion. The revenue estimates mark a return to double-digit revenue growth after four quarters of single-digit expansion. Google’s core advertising had weakened due to economic softening and increased competition from TikTok. During
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The AUDUSD initially moved higher during the Asian and European trading sessions but encountered resistance at its 200-hour moving average and the 50% midpoint of last week’s trading range, around the 0.6366 level. This resistance zone was tested twice. Later, during the early North American session, US retail sales data pushed the price lower, testing
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