The USDCHF reaches the first target – Analysis - 08-09-2020
Economies.com
2020-09-08 04:02AM UTC
The USDCHF pair managed to reach our first waited target at 0.9192 and settles there, waiting for more rise to breach this level and open the way for more bullish correction on the intraday and short term basis, as the next target is located at 0.9305.
Therefore, we will continue to suggest the bullish trend for the upcoming period, noting that breaking 0.9115 will stop the expected rise and press on the price to return to the main bearish track again.
The expected trading range for today is between 0.9140 support and 0.9250 resistance.
The expected trend for today: Bullish
Forex and Currency News
Forex
Yen swoons by over 1% after BOJ decision
2024-04-26 18:30PM UTC
Yen tumbled against most major rivals on Friday following the Bank of Japan’s policy ...
Forex
Sterling surges to 16-year peak against yen
2024-04-26 08:11AM UTC
Sterling rose in European trade on Friday against a basket of major rivals, extending gains for the ...
Forex
Dollar tumbles to two-week lows ahead of US growth data
2024-04-25 11:18AM UTC
Dollar fell in European trade on Thursday against a basket of major rivals, resuming losses and ...
Forex Technical Analysis
Forex
End of day EURUSD price forecast update - 26-04-2024
2024-04-26 16:36PM UTC
The EURUSD price is facing strong negative pressure to break 1.0715$ level and attempts to hold ...
Forex
The GBPUSD forecast update 26-04-2024
2024-04-26 10:59AM UTC
GBPUSD Price Analysis Expected Scenario The GBPUSD price shows some slight bearish bias ...
Forex
The EURUSD price forecast update - 26-04-2024
2024-04-26 10:58AM UTC
EURUSD Price Analysis Expected Scenario The EURUSD price settles above 1.0715$ level, ...