USDCHF approaches the target – Analysis - 15-02-2018
Economies.com
2018-02-15 04:48AM UTC
The USDCHF pair continues to decline to approach our main waited target at 0.9254, falling under continuous negative pressure formed by the EMA50, to support the chances of breaking the mentioned level and extend the bearish wave towards our next target that reaches 0.9035.
Therefore, we will continue to suggest the bearish trend in the upcoming sessions unless the price managed to rally upwards to breach 0.9424 level and hold above it.
Expected trading range for today is between 0.9200 support and 0.9330 resistance.
Expected trend for today: Bearish
Forex and Currency News
Forex
Sterling surges to 16-year peak against yen
2024-04-26 08:11AM UTC
Sterling rose in European trade on Friday against a basket of major rivals, extending gains for the ...
Forex
Dollar tumbles to two-week lows ahead of US growth data
2024-04-25 11:18AM UTC
Dollar fell in European trade on Thursday against a basket of major rivals, resuming losses and ...
Forex
Euro scales 16-year peak against yen
2024-04-25 07:51AM UTC
Euro rallied in Asian trade on Thursday against the yen, extending gains for the fifth straight ...
Forex Technical Analysis
Forex
The GBPUSD forecast update 26-04-2024
2024-04-26 10:59AM UTC
GBPUSD Price Analysis Expected Scenario The GBPUSD price shows some slight bearish bias ...
Forex
The EURUSD price forecast update - 26-04-2024
2024-04-26 10:58AM UTC
EURUSD Price Analysis Expected Scenario The EURUSD price settles above 1.0715$ level, ...
Forex
The EURCAD under the negative pressure – Forecast today – 26-4-2024
2024-04-26 06:52AM UTC
EURCAD Price Analysis Expected Scenario The EURCAD price repeated the negative closings ...