The USDCHF attempts positively – Analysis - 22-12-2020

Economies.com
2020-12-22 05:48AM UTC

The USDCHF pair touched 0.8900 barrier yesterday and declined clearly, noticing that the price begins today with new bullish bias that supports the expectations of continuing the intraday positive scenario, which targets 0.8970 level mainly.

 

Therefore, we will keep our bullish overview for the upcoming period supported by stochastic positivity, reminding you that it is important to hold above 0.8825 to continue the suggested rise.

 

The expected trading range for today is between 0.8800 support and 0.8930 resistance.

 

The expected trend for today: Bullish

Forex and Currency News

Forex News

Forex

Dollar reverses higher as markets speculate about interest rates
2024-05-06 20:54PM UTC
The dollar rose against most major rivals on Monday after stabilizing earlier in the ...
Forex News

Forex

Dollar hovers near three-week trough as US yields taper off
2024-05-06 11:23AM UTC
Dollar fell in European trade on Monday against a basket of major rivals, extending losses for the ...
EUR/USD news

Forex

Euro approaches three-week high amid bullish outlook
2024-05-06 08:02AM UTC
Euro rose in European trade on Monday against a basket of major rivals, maintaining gains for the ...

Forex Technical Analysis

USD CHF Analysis

Forex

The USDCHF price attempts to recover – Forecast today - 07-05-2024
2024-05-07 03:51AM UTC
USDCHF Price Analysis The USDCHF price shows positive trades, indicating a potential resumption ...
NZD USD Analysis

Forex

The NZDUSD price keeps its positive stability – Forecast today - 07-05-2024
2024-05-07 03:51AM UTC
NZDUSD Price Analysis The NZDUSD price is still above the 0.6000$ level, and the positive effect ...
AUD USD Analysis

Forex

The AUDUSD price faces solid resistance – Forecast today - 07-05-2024
2024-05-07 03:51AM UTC
AUDUSD Price Analysis The AUDUSD price tested 0.6640$ level again and found solid resistance ...