The USDCHF is recovering – Analysis - 26-01-2021

Economies.com
2021-01-26 05:40AM UTC

The USDCHF pair could not manage to settle for long time below 0.8860, to trade with clear positivity and heads towards achieving potential gains in the upcoming sessions, and we expect testing 0.8923 initially.

 

Therefore, the bullish bias will be expected for today, noting that breaching the targeted level will extend the bullish wave to reach 0.8974, while the expected rise will remain valid unless breaking 0.8860 and holding below it.

 

The expected trading range for today is between 0.8840 support and 0.8950 resistance.

 

The expected trend for today: Bullish

Forex and Currency News

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 ...
EUR/JPY news

Forex

Euro scales 16-year peak against yen
2024-04-25 07:51AM UTC
Euro rallied in Asian trade on Thursday against the yen, extending gains for the fifth straight ...

Forex Technical Analysis

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 ...
EUR JPY Analysis

Forex

The EURJPY achieves the second target – Forecast today – 26-4-2024
2024-04-26 06:47AM UTC
EURJPY Price Analysis Expected Scenario The EURJPY pair formed new bullish rally ...
GBP JPY Analysis

Forex

The GBPJPY records big gains – Forecast today – 26-4-2024
2024-04-26 06:46AM UTC
GBPJPY Price Analysis Expected Scenario The GBPJPY pair succeeded to keep the bullish ...