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The USDCHF keeps achieving the positive targets – Analysis - 13-06-2022

Economies.com
2022-06-13 04:07AM UTC

The USDCHF pair managed to achieve our waited target at 0.9860 and breached it to settle with a daily close above it, opening the way to achieve more expected gains in the upcoming period, waiting to visit 0.9985 as a next main target.

 

Therefore, the bullish trend will remain active conditioned by the price stability above 0.9730.

 

The expected trading range for today is between 0.9840 support and 0.9970 resistance.

 

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The expected trend for today: Bullish

The NZDUSD resumes the decline – Analysis - 13-06-2022

Economies.com
2022-06-13 04:07AM UTC

The NZDUSD pair bounced downwards strongly after attempting to breach 0.6405 in the previous sessions, to support the continuation of the expected bearish trend on the intraday and short term basis, to approach our waited target at 0.6295, and we expect to surpass this level to head towards 0.6210 as a next main target.

 

Therefore, the bearish trend will remain active unless breaching 0.6405 – 0.6425 levels and holding above them.

 

The expected trading range for today is between 0.6270 support and 0.6380 resistance

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The expected trend for today: Bearish

The AUDUSD keeps achieving the extended targets – Analysis - 13-06-2022

Economies.com
2022-06-13 04:07AM UTC

The AUDUSD pair bounced downwards strongly to achieve our waited negative targets, reaching 0.6995, and it might test the resistance line formed at 0.7050 before resuming the decline again.

 

We expect to witness more bearish bias in the upcoming sessions supported by the negative pressure formed by the EMA50 unless breaching 0.7050 followed by 0.7100 and holding above them, noting that our next target extends to 0.6930.

 

The expected trading range for today is between 0.6960 support and 0.7050 resistance

 

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The expected trend for today: Bearish

Brent oil price touches the channel’s support – Analysis - 13-06-2022

Economies.com
2022-06-13 04:07AM UTC

Brent oil price succeeded to touch the bullish channel’s support line that rises now to 118.20 and settles there, and we prefer to stay aside temporarily until the price confirms its situation according to the mentioned level followed by detecting the next destination clearly, as the price faces contradiction between the technical factors.

 

Note that breaking the mentioned support will press on the price to suffer additional losses that reach 115.10, while consolidating above it will lead the price to start bullish wave that targets 121.30 initially.

 

The expected trading range for today is between 116.50 support and 121.00 resistance.

 

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The expected trend for today: Neutral

Frequently asked questions

What is the price of USD/CHF today?

The price of USD/CHF is $0.7967 (2025-07-11 21:35PM UTC)