The USDCHF continues to fluctuate – Analysis - 08-12-2022
Economies.com
2022-12-08 04:32AM UTC
The USDCHF pair keeps fluctuating within sideways track, and still confined between 0.9355 support and 0.9435 resistance, to keep our neutrality valid until now, waiting to breach one of these levels to detect the next targets clearly.
Note that breaking the mentioned support will press on the price to resume the main bearish trend and head towards 0.9300 followed by 0.9240 levels as next negative targets, while breaching the resistance will motivate the price to start correctional bullish wave that targets testing 0.9540 areas initially.
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
Forex
The Australian dollar shines and the Japanese yen collapses!
2024-04-28 18:43PM UTC
Market Updates on Foreign Currencies The Australian currency tops the list of winning ...
Forex
Yen swoons by over 1% after BOJ decision
2024-04-26 18:30PM UTC
Yen tumbled against most major rivals on Friday following the Bank of Japan’s policy ...
Forex
Sterling surges to 16-year peak against yen
2024-04-26 08:11AM UTC
Sterling rose in European trade on Friday against a basket of major rivals, extending gains for the ...
Forex Technical Analysis
Forex
The GBPAUD hits the first target – Forecast today – 29-4-2024
2024-04-29 05:57AM UTC
GBPAUD Price Analysis Expected Scenario The GBPAUD price started to form new negative ...
Forex
The EURJPY achieves fake gains – Forecast today – 29-4-2024
2024-04-29 05:51AM UTC
EURJPY Price Analysis Expected Scenario The EURJPY pair started today by forming ...
Forex
The GBPJPY exceeds the expectations – Forecast today – 29-4-2024
2024-04-29 05:49AM UTC
GBPJPY Price Analysis Expected Scenario The GBPJPY pair was affected by strong economic ...