The USDCHF attempts to recover – Analysis - 14-12-2020

Economies.com
2020-12-14 04:57AM UTC

The USDCHF pair provided temporary positive trades on last Friday to test 0.8900 barrier, while the overall bearish trend scenario still valid for the upcoming period, depending on the price stability below 0.8965, supported by the negative pressure formed by the EMA50, reminding you that our next main targets begin at 0.8840 and extend to 0.8700.

 

The expected trading range for today is between 0.8820 support and 0.8940 resistance.

 

The expected trend for today: Bearish

Forex and Currency News

Forex News

Forex

Dollar tumbles to two-week lows ahead of US growth data
2024-04-25 11:18AM UTC
Dollar fell in European trade on Thursday against a basket of major rivals, resuming losses and ...
EUR/JPY news

Forex

Euro scales 16-year peak against yen
2024-04-25 07:51AM UTC
Euro rallied in Asian trade on Thursday against the yen, extending gains for the fifth straight ...
EUR/USD news

Forex

Euro parks at two-week high amid positive sentiment
2024-04-24 07:41AM UTC
Euro rose in European trade on Wednesday, widening gains for the fourth straight session and ...

Forex Technical Analysis

NZD USD Analysis

Forex

The NZDUSD price forecast update 25-04-2024
2024-04-25 09:42AM UTC
NZDUSD Price Analysis Expected Scenario The NZDUSD price shows new positive trades now, ...
AUD USD Analysis

Forex

The AUDUSD price forecast update 25-04-2024
2024-04-25 09:42AM UTC
AUDUSD Price Analysis Expected Scenario The AUDUSD price resumes its positive trading ...
EUR USD Analysis

Forex

The EURUSD price forecast update - 25-04-2024
2024-04-25 09:42AM UTC
The EURUSD price trades positively to attack 1.0715$ level and attempts to confirm breaching it, to ...