The USDCHF gathers the positive momentum – Analysis - 03-04-2019
Economies.com
2019-04-03 04:22AM UTC
The USDCHF pair attempts to breach 0.9990 level without managing to hold above it until now, noticing that stochastic managed to get rid of its negative momentum to reach the oversold areas, which forms positive motive that we are waiting to assist to push the price to resume the bullish wave, which its next main target located at 1.0128.
Therefore, our positive overview will remain valid until now, noting that breaking 0.9965 will press on the price to visit 0.9900 level before any new positive attempt.
The expected trading range for today is between 0.9940 support and 1.0060 resistance.
The expected trend for today: Bullish
Forex and Currency News
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
Dollar tumbles to two-week lows ahead of US growth data
2024-04-25 11:18AM UTC
Dollar fell in European trade on Thursday against a basket of major rivals, resuming losses and ...
Forex Technical Analysis
Forex
End of day EURUSD price forecast update - 26-04-2024
2024-04-26 16:36PM UTC
The EURUSD price is facing strong negative pressure to break 1.0715$ level and attempts to hold ...
Forex
The GBPUSD forecast update 26-04-2024
2024-04-26 10:59AM UTC
GBPUSD Price Analysis Expected Scenario The GBPUSD price shows some slight bearish bias ...
Forex
The EURUSD price forecast update - 26-04-2024
2024-04-26 10:58AM UTC
EURUSD Price Analysis Expected Scenario The EURUSD price settles above 1.0715$ level, ...