Trending: Oil | Gold | BITCOIN | EUR/USD | GBP/USD

The USDCHF breaches the resistance – Analysis - 07-01-2022

Economies.com
2022-01-07 04:55AM UTC

The USDCHF pair breached 0.9200 level clearly and settled above it, to turn to rise on the intraday basis, on its way to test 0.9265 level initially, noting that breaching this level will push the price to 0.9340 as a next main target.

 

Therefore, the bullish bias will be expected in the upcoming sessions conditioned by the price stability above 0.9200.

 

The expected trading range for today is between 0.9170 support and 0.9280 resistance.

 

The expected trend for today: Bullish

The NZDUSD needs negative motive – Analysis - 07-01-2022

Economies.com
2022-01-07 04:55AM UTC

The NZDUSD pair fluctuates around 0.6750 level now, waiting to get negative momentum that assist to push the price to continue the expected decline on the intraday basis, which its targets begin by testing 0.6700.

 

Until now, we will continue to suggest the bearish trend unless breaching 0.6820 and holding above it, noting that breaking the targeted level will push the price to 0.6620 as a next main station.

 

The expected trading range for today is between 0.6690 support and 0.6790 resistance

 

The expected trend for today: Bearish

The AUDUSD awaits more decline – Analysis - 07-01-2022

Economies.com
2022-01-07 04:55AM UTC

The AUDUSD pair settles around 0.7150 level since yesterday, and the negative scenario still valid as long as 0.7205 level remains intact, supported by the negative pressure formed by the EMA50, waiting to achieve the negative targets that start at 0.7125 and extend to 0.7000 after breaking the previous level.

 

The expected trading range for today is between 0.7100 support and 0.7205 resistance

 

The expected trend for today: Bearish

Brent oil price surpasses the second target – Analysis - 07-01-2022

Economies.com
2022-01-07 04:54AM UTC

Brent oil price succeeded to achieve our second waited target at 81.90 and breached it to settle above it, reinforcing the chances of rallying to achieve more expected gains on the short term basis, noting that the next targets reach 84.55 followed by 85.80.

 

The bullish channel continues to organize the suggested bullish wave, which will remain valid conditioned by the price stability above 80.80 and 80.05 levels.

 

The expected trading range for today is between 80.80 support and 84.00 resistance.

 

The expected trend for today: Bullish

Frequently asked questions

What is the price of USD/CHF today?

The price of USD/CHF is $0.7967 (2025-07-11 21:35PM UTC)