The USDCHF attempts positively – Analysis - 05-05-2021

2021-05-05 00:57:48 GMT (Economies.com)
 

The USDCHF pair provided new positive trades and attempted to breach 0.9140 level, but it returns to settle below it, which keep the bearish trend scenario active until now, and the price needs to break 0.9100 to confirm heading towards our negative targets that start at 0.9065 followed by 0.8990.

 

Note that surpassing 0.9140 followed by 0.9160 levels will stop the expected decline and lead the price to turn to rise.

 

The expected trading range for today is between 0.9065 support and 0.9160 resistance.

 

The expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
1.2168
-0.0005
0.0403%
1.4149
0.0013
0.0905%
Tadawul
10322.68
86.96
0.85%
27.562
-0.242
0.870%
64.880
-0.512
0.783%
68.29
-0.07
0.10%
1835.260
-8.965
0.486%
 
 
Live Forex Updates