The USDCHF awaits confirmation signal – Analysis - 07-12-2022

Economies.com
2022-12-07 04:53AM UTC

The USDCHF pair shows sideways trades since yesterday, and still stuck between the trend keys represented by 0.9355 support and 0.9435 resistance, which makes us continue with our neutrality until the price confirms surpassing one of these levels followed by detecting the next destination clearly.

 

To review the expected targets after the breach, please check our previous report.

 

The expected trading range for today is between 0.9355 support and 0.9500 resistance.

 

The expected trend for today: Neutral

Forex and Currency News

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 ...
AUD/USD news

Forex

Aussie gains ground despite mixed data
2024-04-23 20:58PM UTC
The Australian dollar rose against a basket of major rivals on Tuesday following mixed ...
GBP/USD news

Forex

Sterling loses ground under pressure from BOE
2024-04-23 07:35AM UTC
Sterling fell in European trade on Tuesday against a basket of major rivals, extending losses for ...

Forex Technical Analysis

GBP USD Analysis

Forex

The GBPUSD forecast update 24-04-2024
2024-04-24 09:29AM UTC
The GBPUSD price shows negative trades to head towards testing the key support 1.2385$, which ...
EUR USD Analysis

Forex

The EURUSD price forecast update - 24-04-2024
2024-04-24 09:29AM UTC
Analysis of Expected Scenarios The EURUSD price begins to rebound bearishly after testing ...
Technical Analysis

Forex

The CADJPY settles within the bullish track – Forecast today – 24-4-2024
2024-04-24 05:44AM UTC
CADJPY Price Analysis Expected Scenario The CADJPY price kept its consolidation within ...