USD/CHF Descending Wedge Pattern Signals Potential Reversal
The USD/CHF currency pair is forming a descending wedge pattern, indicating a potential turnaround and reversal from its downtrend.
The USD/CHF currency pair is forming a descending wedge pattern, indicating a potential turnaround and reversal from its downtrend.
The Dow Jones continued its winning streak, reaching its highest level in 2023, while the Fear & Greed Index by CNN Money stayed in the “Extreme Greed” zone.
The stock market saw a significant surge this week as investors processed the latest interest rate hike from the Federal Reserve, impressive January jobs report, and key earnings from companies such as Facebook’s parent company, Meta Platforms, and Peloton.