The USDCHF price faces temporary negative pressure – Forecast today - 29-03-2024
Economies.com
2024-03-29 01:48AM UTC
USDCHF Price Analysis
Expected Scenario: Bullish Trend
- The USDCHF pair rebounded bearishly yesterday to test the $0.9000 barrier, accompanied by stochastic indicators reaching oversold areas.
- The EMA50 continues to provide support from below.
- We maintain our bullish trend suggestion for the upcoming period unless the $0.9000 level is breached and held below it.
- We anticipate visiting $0.9105, followed by $0.9150, as the next main stations.
Expected Trading Range for Today
- Support: $0.8960
- Resistance: $0.9100
Trend Forecast: Bullish
The NZDUSD price keeps its negative stability – Forecast today - 29-03-2024
Economies.com
2024-03-29 01:47AM UTC
NZDUSD Price Analysis
Expected Scenario: Bearish Trend
- The NZDUSD price remains below the $0.6000 level, reinforcing the bearish trend scenario, supported by the negative pressure from the EMA50. The next main target is anticipated at $0.5915.
- It is crucial for the continuation of the expected decline that the price holds below $0.6000. A breach of this level would initiate recovery attempts, targeting the testing of $0.6070 areas initially.
Expected Trading Range for Today
- Support: $0.5920
- Resistance: $0.6010
Trend Forecast: Bearish
The AUDUSD price awaits confirmed break – Forecast today - 29-03-2024
Economies.com
2024-03-29 01:47AM UTC
AUDUSD Price Analysis
Expected Scenario: Bearish Momentum
- The AUDUSD price failed to sustain below the $0.6500 level for an extended period, exhibiting temporary positive trades and hovering around $0.6510$. However, the EMA50 continues to exert negative pressure on the price, supporting the likelihood of a continued bearish wave in the near future, with targets at $0.6450 followed by $0.6410.
- Stochastic is showing signs of losing positive momentum, further supporting the expected decline, which remains valid unless the price rallies to breach $0.6570 and holds above it.
Expected Trading Range for Today
- Support: $0.6460
- Resistance: $0.6550
Trend Forecast: Bearish
Brent oil price surpasses the first target – Forecast today - 29-03-2024
Economies.com
2024-03-29 01:46AM UTC
Brent Oil Price Analysis
Expected Scenario: Bullish Trend
- Brent oil price rallied upwards clearly yesterday, achieving the first awaited target at $87.40.
- The price breached this level and closed positively above it, reinforcing the expectations of continuing the bullish trend domination.
- Our next main target extends to $90.00.
- Stochastic negativity might cause temporary sideways fluctuation before resuming the expected rise.
- The bullish trend remains valid conditioned by price stability above $87.40.
Expected Trading Range for Today
- Support: $86.20
- Resistance: $89.30
Trend Forecast: Bullish
Frequently asked questions
What is the price of USD/CHF today?
The price of USD/CHF is $0.8039 (2025-07-17 07:45AM UTC)