The USDCHF faces solid support – Analysis - 12-08-2022
Economies.com
2022-08-12 04:11AM UTC
The USDCHF pair continues to fluctuate around 0.9400 level and keeps its stability above it, to keep the bullish trend scenario active, supported by stochastic current positivity, waiting to visit 0.9530 mainly.
We remind you that the continuation of the bullish wave requires holding above 0.9400, as breaking it will put the price under new negative pressure and open the way to head towards 0.9290 as a next negative target.
The expected trading range for today is between 0.9390 support and 0.9500 resistance.
The expected trend for today: Bullish temporarily
Forex and Currency 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
Sterling loses ground under pressure from BOE
2024-04-23 07:35AM UTC
Sterling fell in European trade on Tuesday against a basket of major rivals, extending losses for ...
Forex
Dollar moves in a positive zone as US treasury yields gian ground
2024-04-22 11:41AM UTC
Dollar rose in European trade on Monday against a basket of major rivals, resuming movements in the ...
Forex Technical Analysis
Forex
The GBPUSD forecast update 23-04-2024
2024-04-23 11:05AM UTC
The GBPUSD price tested the key resistance 1.2385$ and bounced bearishly from there, to keep the ...
Forex
The EURUSD price forecast update - 23-04-2024
2024-04-23 11:05AM UTC
The EURUSD price shows sideways trades since morning, and continues to fluctuate around the EMA50, ...
Forex
The GBPCHF under the negative effect – Forecast today – 23-4-2024
2024-04-23 05:12AM UTC
GBPCHF Pair Price Analysis Expected Scenario The GBPCHF pair still affected by the ...