The USDCHF gathers the positive momentum – Analysis - 10-07-2019
Economies.com
2019-07-10 04:43AM UTC
The USDCHF pair settles above the breached resistance line that appears on the chart, getting continuous positive support by the EMA50, while stochastic gets rid of its negative momentum to reach the oversold areas.
Therefore, these factors encourage us to keep our bullish overview for the upcoming period, which its next target located at 0.9990, while achieving it conditions holding above 0.9836.
The expected trading range for today is between 0.9900 support and 1.0000 resistance.
The expected trend for today: Bullish
Forex and Currency News
Forex
Dollar gives up five-month high on profit-taking
2024-04-17 10:56AM UTC
The dollar lost ground in European trade on Wednesday against a basket of major rivals away from ...
Forex
Sterling starts recovering after hot UK inflation data
2024-04-17 06:43AM UTC
Sterling rose in European trade on Wednesday for the first time in four days against the dollar, ...
Forex
Fed Chair: Driving down inflation towards target could take longer than expected
2024-04-16 20:10PM UTC
Fed Chair Jerome Powell said in a symposium earlier today that inflation has stiffened and held in ...
Forex Technical Analysis
Forex
The USDCHF price tests the moving average – Forecast today - 18-04-2024
2024-04-18 04:07AM UTC
Price Analysis: USDCHF Expected Scenario The USDCHF price faces negative pressure to test ...
Forex
The NZDUSD price begins positively – Forecast today - 18-04-2024
2024-04-18 04:06AM UTC
Price Analysis: NZDUSD Expected Scenario The NZDUSD price trades with clear positivity, ...
Forex
The AUDUSD price is recovering – Forecast today - 18-04-2024
2024-04-18 04:06AM UTC
Price Analysis: AUDUSD Expected Scenario The AUDUSD price couldn’t hold below the ...