The USDCHF keeps its negative stability – Analysis - 06-06-2022
Economies.com
1 year ago
The USDCHF pair fluctuates around 0.9630 level and keeps its stability below it, accompanied by witnessing clear negative signals through stochastic, while the EMA50 meets the mentioned resistance to add more strength to it.
Therefore, we believe that the chances valid to resume the negative trades that target 0.9530 as a next station, reminding you that it is important to hold below 0.9630 to continue the expected decline.
The expected trading range for today is between 0.9550 support and 0.9650 resistance.
The expected trend for today: Bearish
Forex and Currency News
Forex
Dollar hits 2023 high on US interest rate forecasts
13 hours ago
Dollar rose in European trade on Tuesday against a basket of major rivals, extending gains for the ...
Forex
Reasons that bolster the case for an additional US rate hike.. what are they?
15 hours ago
Amid sharp volatility in dollar's pricing and US treasury yields, markets are speculating about an ...
Forex
Euro sharpens decline to six-month trough amid concerns about rate gap
17 hours ago
Euro fell in European trade on Tuesday on track for the sixth straight loss against dollar, ...
Forex Technical Analysis
Forex
Midday update for the GBPUSD 26-09-2023
15 hours ago
The GBPUSD pair provides extra negative trading, reinforcing the expectations for the continuation ...
Forex
Midday update for the EURUSD 26-09-2023
15 hours ago
The EURUSD pair provided clear negative trading this morning, and returns to show slight bullish ...
Forex
The GBPCHF repeats the negative closes – Analysis – 26-9-2023
19 hours ago
The GBPCHF confirmed its surrender to the bearish bias domination by providing new closes below the ...