|
The USDCHF price completes the positive pattern – Forecast today - 11-04-2024
Economies.com
2024-04-11 04:24 UTC
USDCHF Price Analysis
Expected Scenario
- The USDCHF pair rallied strongly after completing the bullish flag pattern, reaching 0.9150 areas.
- Expectations favor continuing the main bullish trend within the bullish channel on the chart, with the next target at 0.9200.
Expected Outcome
The EMA50 continues to support the expected bullish wave. Breaking 0.9090 will halt the suggested rise, leading to a test of the bullish channel’s support line around 0.8990 before any new positive attempt.
Expected Trading Range
Between 0.9050 support and 0.9210 resistance.
Trend Forecast: Bullish
Was this useful?
Thanks for your feedback.
The NZDUSD price breaks the support – Forecast today - 11-04-2024
Economies.com
2024-04-11 04:24 UTC
The continuation of the expected decline is supported by moving below the EMA50, valid unless breaching 0.6000$ and holding above it.
MoreThe AUDUSD price declines strongly – Forecast today - 11-04-2024
Economies.com
2024-04-11 04:23 UTC
The bearish bias is suggested, with a potential move towards the 0.6410$ level if the 0.6500$ level is breached.
MoreBrent oil price cancels the negative pattern – Forecast today - 11-04-2024
Economies.com
2024-04-11 04:22 UTC
The expected outcome is for the bullish trend to continue, targeting 92.30$ followed by 93.45$ levels as next main stations.
More