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.
The expected trend for today: Bearish
Forex and Currency News
Forex
Euro tries to recoup from low levels amid calm trading
22 hours ago
Euro rose in European trade amid attempts to recoup from two-month lows against dollar, and on ...
Forex
Euro on track for third weekly loss in row
3 days ago
Euro rose in European trade on Friday for the first time in four sessions against dollar amid ...
Forex
Fed Minutes: officials are less confident of the need for more rate hikes
5 days ago
The Federal Reserve's meeting minutes showed division between officials on the need for further ...
Forex Technical Analysis
Forex
The GBPCAD exits the bullish track – Analysis – 30-5-2023
1 hour ago
The GBPCAD pair faced strong negative pressures recently to force it to crawl below the bullish ...
Forex
The EURJPY achieves some gains – Analysis – 30-5-2023
1 hour ago
The EURJPY pair took advantage of the positive fluctuation above 149.80 to confirm its surrender to ...
Forex
The GBPJPY provides positive signal – Analysis – 30-5-2023
1 hour ago
The GBPJPY pair took advantage of the frequent stability within the bullish channel, forming new ...