The USDCHF hits the first target – Analysis - 07-04-2022

Economies.com
2022-04-07 01:38AM UTC

The USDCHF pair succeeded to achieve our waited target at 0.9345 and settles there, waiting for more rise to surpass this level and open the way to achieve additional gains that reach 0.9400.

 

The EMA50 supports the expected ries, which will remain valid conditioned by the price stability above 0.9265.

 

The expected trading range for today is between 0.9265 support and 0.9400 resistance.

 

The expected trend for today: Bullish

Forex and Currency News

USD/JPY 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 ...
GBP/JPY news

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 News

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

GBP USD Analysis

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 ...
EUR USD Analysis

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, ...
Technical Analysis

Forex

The EURCAD under the negative pressure – Forecast today – 26-4-2024
2024-04-26 06:52AM UTC
EURCAD Price Analysis Expected Scenario The EURCAD price repeated the negative closings ...