Author Archives: angelinehuanghf

Source: https://www.cnbc.com/2020/02/20/eu-budget-the-biggest-post-brexit-fight-is-about-to-get-real.html Analysis: EU is badly hit by Brexit; with its economical contribution decreases, EU must find ways to make up for the shortfall. Although there are differing views on how on how EU’s budget should be utilized among different policies, it remains to be seen if EU could quickly bounce back from the aftershockContinue reading “Bullish ABCD EURJPY – 4-hr Chart”

News Source: https://www.cnbc.com/2020/02/12/the-ecb-and-fed-are-hoping-the-public-will-give-them-a-new-direction-central-banks.html Analysis: With the ECB holding its first ‘listen’ talks with its citizens in Brussels, this could potentially bolster public confidence that their opinions are being heard. With the prolonged weakness in the Euro dollar against the backdrop of Brexit and 0% interest rate, this move may hopefully serve to boost the EuroContinue reading “BULLISH BAT – EURCHF Weekly Chart (12 Feb 2020)”

Reference to: https://www.bloomberg.com/news/articles/2020-02-04/trump-administration-clears-way-for-new-currency-tariffs With the new rule in place, US is expected to wield more muscle in strengthening its dollar using manual intervention. This speculative news might be fuel for the USD pegged currencies like USDCHF towards the bullish side over time. Analysis: The Daily chart shows a potential Bullish Bat forming overtime for priceContinue reading “Bullish Bat – USDCHF”