Forex
The USDCHF resumes the decline – Analysis - 23-03-2021
2021-03-23 05:44:09 GMT
(Economies.com)
The USDCHF pair resumed its negative trades strongly to break 0.9256 and settles below it, reinforcing the expectations of continuing the bearish trend, which its next target located at 0.9180.
Stochastic and the EMA50 provide negative signals that support the expected decline, which will remain valid conditioned by the price stability below 0.9256 and the most important below 0.9318.
The expected trading range for today is between 0.9180 support and 0.9270 resistance.
The expected trend for today: Bearish
Symbol | Last | Change | Chg.% | ||
---|---|---|---|---|---|
|
|
1.1982
|
0.0071
|
0.5994%
|
|
|
|
1.3839
|
0.0091
|
0.6648%
|
|
|
Tadawul
|
9987.92
|
124.63
|
1.26%
|
|
|
|
25.945
|
0.850
|
3.387%
|
|
|
|
63.092
|
2.702
|
4.474%
|
|
|
|
66.70
|
-0.23
|
0.34%
|
|
|
|
1775.845
|
38.910
|
2.240%
|
|
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