The USDCHF price is recovering – Forecast today - 22-04-2024
Economies.com
2024-04-22 03:47AM UTC
USDCHF Price Analysis
Expected Scenario
- The USDCHF price has returned to settle above the bullish channel’s support line after attempting to break it in the previous sessions. This indicates a resumption of the main bullish track and a direction towards achieving positive targets, starting with visiting the 0.9200 barrier.
- Therefore, the bullish bias will be suggested for the upcoming sessions. However, breaking 0.9065 will stop the expected rise and push the price to achieve a bearish correction, with its first target located at 0.8960.
Expected Trading Range
Between the support at 0.9065 and the resistance at 0.9200
Trend Forecast: Bullish
Forex and Currency News
Forex
Yen extends losses as Banks of Japan holds off intervention
2024-05-17 04:36AM UTC
Yen fell in Asian trade on Friday against a basket of major rivals, extending losses for the second ...
Forex
Euro extends gains to two-month highs amid positive outlook
2024-05-16 08:33AM UTC
Euro rose in European trade on Thursday against a basket of major rivals, extending gains for the ...
Forex
Yen gains ground as US treasury yields dip
2024-05-16 04:20AM UTC
Yen rose in Asian trade on Thursday against a basket of major rivals, extending gains for the ...
Forex Technical Analysis
Forex
The GBPUSD forecast update 17-05-2024
2024-05-17 09:10AM UTC
GBPUSD Price Analysis Expected Scenario The GBPUSD price provides additional negative ...
Forex
The EURUSD price forecast update - 17-05-2024
2024-05-17 09:09AM UTC
EURUSD Price Analysis Expected Scenario The EURUSD price shows additional negative trades ...
Forex
The GBPCHF repeats the attempt to exit the negative track – Forecast today – 17-5-2024
2024-05-17 07:18AM UTC
GBPCHF Price Analysis Expected Scenario The GBPCHF price returned to form new bullish ...