fx_market_observation_featured

FX Market Observation 24.08.22
EURCHF

Follow up on the earlier EURCHF observation, the long term traditional SHS formation has now reached a good part of its target and always good to be careful to take 50% of profits for the ones that went short. Our target is still 0.90 to 0.92. The overall EURO sentiment is still bearish

*Market Observations are NOT trading recommendations*

About SGT

SGT is a multi-asset trading and investment specialist; setting the standard since 2006.

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CFDs, FX, Crypto and any other leveraged products are complex instruments and come with a high level of risk of losing money due to the leverage used in these products. You should consider whether you understand how any product you trade or invest in is suitable for you, and whether the risk involved in trading or investing into these products is acceptable.

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EURCHF