The Philippine peso is likely to remain weak and fall to P53 to $1 by yearend amid contrasting policies of the US Federal Reserve and the Bangko Sentral ng Pilipinas, according to a currency analyst.
04 January 2019 | Tomasz Wisniewski
That was definitely one of the most interesting weeks on the financial markets. Sometimes all you need for proper attractions is a low liquidity. Today, we will show You three very promising setups with the CHF, which yesterday got super strong but finishes this week on the back foot.
First setup is on the USD/CHF. The pair is creating a flag formation, which in this case is bullish. Flag went as deep as to the long-term up trendline and this is a great place for a bounce. For the proper buy signal we need to see the breakout of the upper line of this formation first.