The USDCHF achieves some gains – Analysis - 12-06-2020
Economies.com
2020-06-12 04:52AM UTC
The USDCHF pair bounced upwards clearly yesterday after touching 0.9375, to approach testing the key resistance 0.9456 now, accompanied by stochastic loss to the positive momentum, waiting to motivate the price to resume the expected bearish trend for the upcoming period, which depends on the price stability below the mentioned resistance, while our next main target is located at 0.9350.
The expected trading range for today is between 0.9360 support and 0.9500 resistance.
The expected trend for today: Bearish
Forex and Currency News
Forex
Yen moves in negative zone under supervision of Japanese authorities
2024-05-08 04:36AM UTC
Yen declined on Wednesday in Asian trade against a basket of major rivals, extending losses for the ...
Forex
Dollar regains footing ahead of important Fed remarks
2024-05-07 11:34AM UTC
Dollar rose in European trade on Tuesday against a basket of major rivals, holding ground above ...
Forex
Aussie is worst performing major currency after RBA's decision
2024-05-07 08:01AM UTC
The Australian dollar fell in European trade on Tuesday against a basket of major rivals, moving ...
Forex Technical Analysis
Forex
The EURGBP begins to rise – Forecast today – 9-5-2024
2024-05-09 05:54AM UTC
EURGBP Price Analysis Expected Scenario The EURGBP price succeeded to hold above 38.2% ...
Forex
The EURJPY achieves the second target – Forecast today – 9-5-2024
2024-05-09 05:46AM UTC
EURJPY Price Analysis Expected Scenario The EURJPY pair continued to form bullish trades ...
Forex
The GBPJPY tends towards the positivity – Forecast today – 9-5-2024
2024-05-09 05:45AM UTC
GBPJPY Price Analysis Expected Scenario The GBPJPY pair provided positive signal ...