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The USDCHF is stable – Analysis - 12-10-2021

Economies.com
2021-10-12 03:35AM UTC

The USDCHF pair settles above the bullish trend line, to keep the bullish trend scenario valid and active for the upcoming period, and the price needs to surpass 0.9285 to ease the mission of heading towards our waited positive target at 0.9345.

 

In general, we expect the continuation of the bullish trend domination unless we witnessed clear break to 0.9255 and holding below it.

 

The expected trading range for today is between 0.9245 support and 0.9345 resistance.

 

The expected trend for today: Bullish

The NZDUSD within tight track – Analysis - 12-10-2021

Economies.com
2021-10-12 03:35AM UTC

The NZDUSD pair didn’t show any strong move in the previous sessions, to continue fluctuating around 0.6945 level, settling below it, thus, the bearish trend will remain valid as it is without any change, depending on the price stability below 0.6990, reminding you that our targets begin at 0.6890 and extend to 0.6805.

 

The expected trading range for today is between 0.6870 support and 0.6960 resistance

 

The expected trend for today: Bearish

The AUDUSD hits the target – Analysis - 12-10-2021

Economies.com
2021-10-12 03:35AM UTC

The AUDUSD pair succeeded to achieve our waited target at 0.7360 and settles near it, and we suggest resuming the positive attempts to surpass this level and head towards 0.7405 as a next station.

 

Therefore, the bullish trend will remain valid for the upcoming period supported by the EMA50 that carries the price from below, noting that the continuation of the bullish wave requires holding above 0.7290.

 

The expected trading range for today is between 0.7290 support and 0.7400 resistance

 

The expected trend for today: Bullish

Brent oil price faces solid resistance – Analysis - 12-10-2021

Economies.com
2021-10-12 03:35AM UTC

Brent oil price found solid resistance around 84.20, to head towards starting intraday bearish wave that we expect to target visiting 80.85 and might reach 79.25 before attempting to return to resume the main bullish track again.

 

Therefore, the bearish bias will be suggested for today, noting that breaching 84.20 will stop the suggested negative scenario and lead the price to achieve new gains on the intraday and short term basis.

 

The expected trading range for today is between 81.50 support and 84.40 resistance.

 

The expected trend for today: Bearish

Frequently asked questions

What is the price of USD/CHF today?

The price of USD/CHF is $0.8021 (2025-07-15 18:35PM UTC)