The USDCHF price returns to the bullish channel – Forecast today - 15-03-2024
Economies.com
2024-03-15 02:12AM UTC
The USDCHF pair rallied upwards clearly yesterday to breach 0.8820 level and settles above it, to return to the bullish channel that appears on the chart and head towards achieving expected gains in the upcoming sessions, targeting visiting 0.9000 barrier as a first positive station.
Therefore, we expect to witness more rise on the intraday basis, noting that failing to consolidate above 0.8835 will stop the bullish trend and push the price to head towards testing the key support areas around 0.8750 initially.
The expected trading range for today is between 0.8800 support and 0.8930 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 USDCHF price gets a positive motive – Forecast today - 09-05-2024
2024-05-09 03:41AM UTC
USDCHF Price Analysis Forecasts and Analysis The USDCHF price settles around the 0.9085 ...
Forex
The NZDUSD price awaits additional break – Forecast today - 09-05-2024
2024-05-09 03:41AM UTC
NZDUSD Price Analysis Forecasts and Analysis The NZDUSD price fluctuates around the ...
Forex
The AUDUSD price faces solid support – Forecast today - 09-05-2024
2024-05-09 03:41AM UTC
AUDUSD Price Analysis Forecasts and Analysis The AUDUSD price finds solid support around ...