The USDCHF breaks the support – Analysis - 09-02-2021
Economies.com
2021-02-09 05:29AM UTC
The USDCHF pair begins today with clear negativity to break 0.8975 level and heads to achieve more expected decline in the upcoming sessions, paving the way to visit 0.8923 initially, noting that breaking this level will extend the bearish wave to target 0.8860 as a next station.
Therefore, we expect witnessing more decline today unless the price managed to step above 0.8975 and hold above it again.
The expected trading range for today is between 0.8900 support and 0.9000 resistance.
The expected trend for today: Bearish
Forex and Currency News
Forex
Dollar loses ground as markets focus on corporate earnings
2024-04-29 18:46PM UTC
Dollar declined against most major rivals on Monday as markets focus on corporate earnings and the ...
Forex
Dollar under pressure from US yields and Japanese authorities
2024-04-29 11:17AM UTC
Dollar fell in European trade on Monday against a basket of major rivals, resuming gains after a ...
Forex
Euro hovers near two-week high despite bearish outlook
2024-04-29 07:40AM UTC
Euro rose in European trade on Monday against a basket of major rivals, resuming gains against the ...
Forex Technical Analysis
Forex
The GBPCAD provides positive signal – Forecast today – 30-4-2024
2024-04-30 05:40AM UTC
GBPCAD Price Analysis Expected Scenario The GBPCAD price concluded recent trades with a ...
Forex
The EURJPY attempts to confirm the positivity – Forecast today – 30-4-2024
2024-04-30 05:35AM UTC
EURJPY Pair Analysis Expected Scenario The EURJPY pair ended the mixed trades by ...
Forex
The GBPJPY regains the bullish attack – Forecast today – 30-4-2024
2024-04-30 05:33AM UTC
GBPJPY Pair Analysis Expected Scenario The GBPJPY pair ended yesterday by providing a new ...