The GBPCHF postpones the bearish bias – Analysis – 17-2-2020
Economies.com
2020-02-17 07:47AM UTC
The GBPCHF pair faced strong positive pressures recently, caused by stochastic rally towards the overbought areas, to notice surpassing 1.2775 barrier and confirm postponing the negative attack by reaching 1.2815.
In addition, 1.2774 level forming additional support allows us to expect renewing the correctional bullish attempts that might push the price to reach 1.2885 level followed by attempting to test the key resistance 1.3030.
The expected trading range for today is between 1.2775 and 1.2885
The expected trend for today: Bullish
Forex and Currency News
Forex
Aussie parks at two month highs even as Australian wages slow down
2024-05-15 04:23AM UTC
The Australian dollar rose in European trade on Wednesday against a basket of major rivals, ...
Forex
Dollar under pressure ahead of inflation data, Powell's speech
2024-05-14 10:58AM UTC
Dollar fell in European trade on Tuesday against a basket of major rivals, on track for the second ...
Forex
Yen tumbles to two-week lows, triggering concerns of official Japanese intervention
2024-05-14 04:08AM UTC
Yen fell in Asian trade on Tuesday against a basket of major rivals, sharpening losses for the ...
Forex Technical Analysis
Forex
The EURGBP leans above the moving average – Forecast today – 15-5-2024
2024-05-15 05:36AM UTC
EURGBP Price Analysis Expected Scenario The EURGBP price ended the recent trades ...
Forex
The EURJPY lacks the positive momentum – Forecast today – 15-5-2024
2024-05-15 05:33AM UTC
EURJPY Price Analysis Expected Scenario The EURJPY pair ended the recent positive rally ...
Forex
The USDCHF price gathers new positive momentum – Forecast today - 15-05-2024
2024-05-15 03:38AM UTC
USDCHF Price Analysis Expected Scenario The USDCHF price shows some slight ...