The USDCHF resumes rising – Analysis - 26-09-2019

Economies.com
2019-09-26 05:04AM UTC

The USDCHF pair bounced higher yesterday after testing 0.9836 level, keeping the bullish trend scenario valid and active in the upcoming sessions, supported by the positive overlapping signal that comes from stochastic, waiting for testing 0.9990 level mainly.

 

Moving above the EMA50 supports the expected rise, which will remain valid conditioned by holding above 0.9836.

 

The expected trading range for today is between 0.9850 support and 0.9990 resistance.

The expected trend for today: Bullish

Forex and Currency News

Forex 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 ...
USD/JPY news

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 News

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

NZD USD 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 ...
AUD USD Analysis

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 ...
GBP USD Analysis

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 ...