The USDCHF recovers – Analysis - 01-07-2019
Economies.com
2019-07-01 05:02AM UTC
The USDCHF pair trades with clear positivity to complete forming double bottom pattern that appears on the minor image, which forms positive motive that we expect to push the price to breach the key resistance 0.9836 followed by opening the way to achieve more gains in the upcoming period, targeting 0.9935 areas initially.
Therefore, the bullish bias will be suggested for today unless breaking 0.9770 level and holding below it.
The expected trading range for today is between 0.9790 support and 0.9900 resistance.
The expected trend for today: Bullish
Forex and Currency News
Forex
Dollar plumbs three-week low ahead of US payrolls report
2024-05-03 11:57AM UTC
Dollar fell in European trade on Friday against a basket of major rivals, extending losses for the ...
Forex
Yen hits three-week high as Japanese authorities intervene
2024-05-03 04:57AM UTC
Yen rose in Asian trade on Friday against major rivals, extending gains for the third straight ...
Forex
Dollar rebounds ahead of US unemployment claims data
2024-05-02 11:10AM UTC
Dollar rose in European trade on Thursday against a basket of major rivals, resuming gains after a ...
Forex Technical Analysis
Forex
The NZDUSD price forecast update 03-05-2024
2024-05-03 13:54PM UTC
The NZDUSD price breached 0.6000$ level strong and settled above it, reinforcing the expectations ...
Forex
The AUDUSD price forecast update 03-05-2024
2024-05-03 13:54PM UTC
The AUDUSD price traded with strong positivity to succeed achieving our new waited target at ...
Forex
The GBPUSD forecast update 03-05-2024
2024-05-03 13:52PM UTC
The GBPUSD price traded with strong positivity to breach 1.2580$ level strongly but it returns to ...