USDCHF under the negative pressure – Analysis - 10-04-2018

Economies.com
2018-04-10 04:16AM UTC

The USDCHF pair achieved a break to 0.9581 level and closed the daily candlestick below it, which puts the price under an expected negative pressure in the upcoming sessions, and the negative tragets begin at 0.9488.

 

It is important to monitor the price when testing 0.9540 level, where the price failure to break this level will stop the expected decline and pushes the price to attempt to recover again.

 

Expected trading range for today is between 0.9488 support and 0.9600 resistance.

 

Expected trend for today: Bearish

 

Forex and Currency News

Forex News

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 ...
EUR/JPY news

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 ...
EUR/USD news

Forex

Euro parks at two-week high amid positive sentiment
2024-04-24 07:41AM UTC
Euro rose in European trade on Wednesday, widening gains for the fourth straight session and ...

Forex Technical Analysis

USD CHF Analysis

Forex

The USDCHF price faces solid resistance – Forecast today - 26-04-2024
2024-04-26 03:58AM UTC
USDCHF Price Analysis Expected Scenario The USDCHF price encountered solid resistance at ...
NZD USD Analysis

Forex

The NZDUSD price rises again – Forecast today - 26-04-2024
2024-04-26 03:58AM UTC
NZDUSD Price Analysis Expected Scenario The NZDUSD price has returned to rise after a ...
AUD USD Analysis

Forex

The AUDUSD price attempts positively – Forecast today - 26-04-2024
2024-04-26 03:58AM UTC
AUDUSD Price Analysis Expected Scenario The AUDUSD price has shown new positive trades ...