The USDCHF price gets new positive signal – Forecast today - 20-03-2024
Economies.com
2024-03-20 03:02AM UTC
The USDCHF pair touched 0.8900 barrier and finds good resistance there, noticing that stochastic overlaps positively now, waiting to motivate the price to breach this level and open the way to rally towards our next positive station at 0.9000.
Therefore, the bullish trend scenario will remain valid and active, organized inside the bullish channel that appears on the chart, noting that breaking 0.8835 will stop the expected rise and push the price to start bearish correction on the intraday basis.
The expected trading range for today is between 0.8835 support and 0.8980 resistance.
Trend forecast: Bullish
Forex and Currency News
Forex
Yen moves in negative zone under supervision of Japanese authorities
2024-05-08 04:36AM UTC
Yen declined on Wednesday in Asian trade against a basket of major rivals, extending losses for the ...
Forex
Dollar regains footing ahead of important Fed remarks
2024-05-07 11:34AM UTC
Dollar rose in European trade on Tuesday against a basket of major rivals, holding ground above ...
Forex
Aussie is worst performing major currency after RBA's decision
2024-05-07 08:01AM UTC
The Australian dollar fell in European trade on Tuesday against a basket of major rivals, moving ...
Forex Technical Analysis
Forex
The NZDUSD price forecast update 08-05-2024
2024-05-08 09:36AM UTC
NZDUSD Price Analysis Expected Scenario The NZDUSD price presses on the key support ...
Forex
The AUDUSD price forecast update 08-05-2024
2024-05-08 09:36AM UTC
AUDUSD Price Analysis Expected Scenario The AUDUSD price achieved initial break to ...
Forex
The GBPUSD forecast update 08-05-2024
2024-05-08 09:36AM UTC
GBPUSD Price Analysis Expected Scenario The GBPUSD price achieved initial break to ...