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The USDCHF awaits more decline – Analysis - 18-10-2023
The USDCHF pair provided temporary positive trades yesterday, and returns to decline to approach our waited target at 0.8968, noting that we suggest breaking this level to achieve additional negative targets that reach 0.8890.
The EMA50 continues to support the suggested bearish wave, which will remain valid unless the price rallied to breach 0.9066 and hold above it.
The expected trading range for today is between 0.8930 support and 0.9066 resistance.
The expected trend for today: Bearish
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The NZDUSD gets a positive motive – Analysis - 18-10-2023
The NZDUSD pair faced negative pressure yesterday and attempted to break 0.5900 level, but it begins today positively to trade above this level, which keeps the bullish trend scenario active for the upcoming period, reminding you that our waited target is located at 0.6020.
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