The USDCHF loses momentum – Analysis - 25-11-2022

2022-11-25 04:11:19 GMT (Economies.com)
 

The USDCHF pair shows weak trades in the previous sessions, noticing that stochastic lost its positive momentum and approaches to overlap negatively, waiting to motivate the price to resume the expected bearish wave on the intraday basis, which targets 0.9355 followed by 0.9300 levels mainly.

 

The EMA50 supports the expected decline, which will remain valid conditioned by the price stability below 0.9540.

 

The expected trading range for today is between 0.9350 support and 0.9480 resistance.

 

The expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
1.0511
0.0070
0.6680%
1.2251
0.0203
1.6833%
22.722
1.365
6.394%
81.124
6.695
8.995%
87.08
0.12
0.14%
1801.870
51.395
2.936%
 
 
Live Forex Updates