The USDCHF affected by the negative momentum – Analysis - 07-03-2019

2019-03-07 05:10:14 GMT (Economies.com)
The USDCHF affected by the negative momentum – Analysis - 07-03-2019
 

The USDCHF pair shows sideways trading since yesterday to settle around 1.0045, as the price is affected by stochastic negativity, which begins to get rid of its negative momentum and heads towards the oversold areas, waiting to resume the bullish wave that targets 1.0128 level mainly.

 

The EMA50 supports the positive overview, which its continuation conditions holding above 0.9990.

 

The expected trading range for today is between 0.9990 support and 1.0128 resistance.

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.1194
-0.0016
0.1387%
1.2703
-0.0029
0.2246%
14.583
0.018
0.124%
58.307
-0.738
1.249%
68.81
0.15
0.22%
1285.945
1.035
0.081%
 
 
Live Forex Updates