The USDCHF faces the moving average – Analysis - 18-01-2022

Economies.com
1 year ago

The USDCHF pair shows new positive trades now, but it faces the EMA50 that forms good resistance against the price, to keep the chances valid to resume the expected bearish trend for the upcoming period, which needs to break 0.9135 to confirm heading towards 0.9060 as a next negative station, noting that surpassing 0.9160 will push the price to test the most important resistance at 0.9200 direct.

 

The expected trading range for today is between 0.9080 support and 0.9200 resistance.

Advertistment

 

The expected trend for today: Bearish

Forex and Currency News

Forex News

Forex

Dollar loses ground but still heads for best quarterly performance in a year
1 day ago
Dollar fell off ten-month highs against a basket of major rivals while on track for the largest ...
EUR/USD news

Forex

Euro resumes gains as dollar heaps pressure
1 day ago
Euro rose on Friday against a basket of major rivals amid mounting pressures on the US dollar ...
USD/JPY news

Forex

Yen rebounds from 11-month nadir
1 day ago
Dollar fell against yen on Friday after yen marked 11-month lows recently following strong hints by ...

Forex Technical Analysis

NZD USD Analysis

Forex

Midday update for the NZDUSD 29-09-2023
1 day ago
The NZDUSD pair managed to achieve our waited target at 0.6020 and breaches it to attempt to hold ...
AUD USD Analysis

Forex

Midday update for the AUDUSD 29-09-2023
1 day ago
The AUDUSD pair shows more bullish rally to approach 0.6500 barrier, reinforcing the expectations ...
GBP USD Analysis

Forex

Midday update for the GBPUSD 29-09-2023
1 day ago
The GBPUSD pair shows more rise to reach the thresholds of the waited target at 1.2280, and the way ...