The USDCHF affected by the positive momentum – Analysis - 10-06-2020
Economies.com
2020-06-10 04:36AM UTC
The USDCHF pair shows some slight bullish bias to move above 0.9500 barrier, affected by stochastic positivity, but as long as the price is below 0.9541, our bearish overview will remain valid and active, which targets testing 0.9456 mainly.
The EMA50 keeps supporting the suggested bearish wave, noting that breaking the targeted level will extend the bearish wave to reach 0.9350 as a next main station.
The expected trading range for today is between 0.9450 support and 0.9570 resistance.
The expected trend for today: Bearish
Forex and Currency News
Forex
Why's the UK trying to bolster its nuclear energy infrastructure?
2024-05-31 15:25PM UTC
The UK government has ambitious goals for the quick expansion of the nuclear energy sector in the ...
Forex
Yen rebounds as US treasury yields slow down
2024-05-31 04:41AM UTC
Yen gained ground on Friday against a basket of major rivals, extending gains for the second ...
Forex
Dollar backs off two-week high ahead of US growth data
2024-05-30 11:24AM UTC
Dollar fell in European trade on Thursday against a basket of major rivals away from two-week highs ...
Forex Technical Analysis
Forex
End of day EURUSD price forecast update - 31-05-2024
2024-05-31 16:46PM UTC
The EURUSD price rallied upwards strongly to attempt to breach 1.0850$ level, but it returns to ...
Forex
The GBPUSD forecast update 31-05-2024
2024-05-31 11:12AM UTC
Price Analysis: GBPUSD Expected Scenario The GBPUSD price made a new test to the 1.2700$ ...
Forex
The EURUSD price forecast update - 31-05-2024
2024-05-31 11:12AM UTC
Price Analysis: EURUSD Expected Scenario The EURUSD price returns to rise again to head ...