The USDCHF hits the first target – Analysis - 12-03-2021
Economies.com
2021-03-12 05:19AM UTC
The USDCHF pair managed to touch our first waited target at 0.9255 and attempted to break it, to move inside an intraday bearish channel that supports the chances of continuing the bearish trend in the upcoming sessions, noting that the next target reaches 0.9185.
The EMA50 and stochastic provide negative signals that support the expectations to decline, noting that breaching 0.9320 will stop the negative scenario to push the price to rise again.
The expected trading range for today is between 0.9200 support and 0.9300 resistance.
The expected trend for today: Bearish
Forex and Currency News
Forex
Aussie gains ground despite mixed data
2024-04-23 20:58PM UTC
The Australian dollar rose against a basket of major rivals on Tuesday following mixed ...
Forex
Sterling loses ground under pressure from BOE
2024-04-23 07:35AM UTC
Sterling fell in European trade on Tuesday against a basket of major rivals, extending losses for ...
Forex
Dollar moves in a positive zone as US treasury yields gian ground
2024-04-22 11:41AM UTC
Dollar rose in European trade on Monday against a basket of major rivals, resuming movements in the ...
Forex Technical Analysis
Forex
The EURUSD price forecast update - 23-04-2024
2024-04-23 11:05AM UTC
The EURUSD price shows sideways trades since morning, and continues to fluctuate around the EMA50, ...
Forex
The GBPCHF under the negative effect – Forecast today – 23-4-2024
2024-04-23 05:12AM UTC
GBPCHF Pair Price Analysis Expected Scenario The GBPCHF pair still affected by the ...
Forex
The EURJPY prepares for new rise – Forecast today – 23-4-2024
2024-04-23 05:01AM UTC
EURJPY Pair Price Analysis Expected Scenario No change to the EURJPY pair’s bullish ...