The USDCHF keeps its positive stability – Analysis - 10-10-2019
Economies.com
2019-10-10 04:52AM UTC
The USDCHF pair settles above the intraday bullish channel’s support, noticing that stochastic begins to provide positive overlapping signals on the daily time frame, which motivate the price to resume the rise in the upcoming sessions, waitig for breaching 0.9990 level to confirm opening the way towards 1.0070 as a next target.
Therefore, we will keep preferring the bullish trend,conditioned by holding above 0.9915 level.
The expected trading range for today is between 0.990 support and 1.0020 resistance.
The expected trend for today: Bullish
Forex and Currency News
Forex
Sterling sharpens decline to five-month nadir after weak data
2024-04-19 11:40AM UTC
Sterling tumbled in European trade against a basket of major rivals, sharpening losses for the ...
Forex
Euro approaches week high amid positive outlook
2024-04-18 08:30AM UTC
Euro rose in European trade on Thursday against a basket of major rivals, extending gains for the ...
Forex
Dollar gives up five-month high on profit-taking
2024-04-17 10:56AM UTC
The dollar lost ground in European trade on Wednesday against a basket of major rivals away from ...
Forex Technical Analysis
Forex
The GBPUSD forecast update 19-04-2024
2024-04-19 10:43AM UTC
GBPUSD Price Analysis Expected Scenario The GBPUSD price trades with clear positivity to ...
Forex
The EURUSD price forecast update - 19-04-2024
2024-04-19 10:43AM UTC
EURUSD Price Analysis Expected Scenario The EURUSD price finds solid support at the ...
Forex
The NZDCAD surrenders to the resistance line stability – Forecast today – 19-4-2024
2024-04-19 08:21AM UTC
NZDCAD Pair Analysis Expected Scenario The NZDCAD pair has confirmed its submission to ...