The USDCHF resumes the decline – Analysis - 15-03-2019
Economies.com
2019-03-15 04:55AM UTC
The USDCHF pair opens today’s trading with bearish bias to resume the expected bearish track on the intraday basis, to keep the negative effect of the double top pattern active, waiting to test 0.9990 level as a next main station.
We should note that breaking the mentioned level will extend the bearish wave to reach 0.9900 level, while the continuation of the suggested bearish wave depends on the price stability below 1.0070 and 1.0128 levels.
The expected trading range for today is between 0.9960 support and 1.0070 resistance.
The expected trend for today: Bearish
Forex and Currency News
Forex
Dollar hovers near three-week trough as US yields taper off
2024-05-06 11:23AM UTC
Dollar fell in European trade on Monday against a basket of major rivals, extending losses for the ...
Forex
Euro approaches three-week high amid bullish outlook
2024-05-06 08:02AM UTC
Euro rose in European trade on Monday against a basket of major rivals, maintaining gains for the ...
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 Technical Analysis
Forex
The GBPUSD forecast update 06-05-2024
2024-05-06 11:08AM UTC
GBPUSD Price Analysis The GBPUSD price attempts to breach the 1.2580$ level. Waiting to surpass ...
Forex
The EURUSD price forecast update - 06-05-2024
2024-05-06 11:08AM UTC
EURUSD Price Analysis The EURUSD price settles at the intraday bullish channel’s support ...
Forex
Deere price surrounded with positive pressures - Forecast today - 06-05-2024
2024-05-06 10:28AM UTC
Deere & Company’s stock (DE) extended its gains in the intraday levels, amid the ...