The USDCHF crawls downwards – Analysis - 28-12-2021

Economies.com
2021-12-28 04:41AM UTC

The USDCHF pair resumes its negative trading calmly to move away from 0.9200 level, reinforcing the expectations of continuing the bearish trend, supported by the negative pressure formed by the EMA50, which targets 0.9140 level as a next station, reminding you that holding below 0.9200 represents the first condition to continue the expected decline.

 

The expected trading range for today is between 0.9120 support and 0.9220 resistance.

 

The expected trend for today: Bearish

Forex and Currency News

EUR/JPY news

Forex

Euro scales 16-year peak against yen
2024-04-25 07:51AM UTC
Euro rallied in Asian trade on Thursday against the yen, extending gains for the fifth straight ...
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 ...

Forex Technical Analysis

NZD USD Analysis

Forex

The NZDUSD price forecast update 25-04-2024
2024-04-25 09:42AM UTC
NZDUSD Price Analysis Expected Scenario The NZDUSD price shows new positive trades now, ...
AUD USD Analysis

Forex

The AUDUSD price forecast update 25-04-2024
2024-04-25 09:42AM UTC
AUDUSD Price Analysis Expected Scenario The AUDUSD price resumes its positive trading ...
EUR USD Analysis

Forex

The EURUSD price forecast update - 25-04-2024
2024-04-25 09:42AM UTC
The EURUSD price trades positively to attack 1.0715$ level and attempts to confirm breaching it, to ...