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The USDCHF resumes the rise – Analysis - 08-10-2021

Economies.com
2021-10-08 04:15AM UTC

The USDCHF pair trades with clear positivity to move away from 0.9265 level, reinforcing the expectations of continuing the bullish trend, and the way is open to achieve our main waited target at 0.9345.

 

On the other hand, we should note that the continuation of the suggested bullish trend requires holding above 0.9265 and the most important above 0.9245.

 

The expected trading range for today is between 0.9250 support and 0.9345 resistance.

 

The expected trend for today: Bullish

The NZDUSD tests the minor resistance – Analysis - 08-10-2021

Economies.com
2021-10-08 04:15AM UTC

The NZDUSD pair tested 0.6945 level and keeps its stability below it, to keep our bearish overview for the upcoming period, waiting to test 0.6890 level initially, reminding you that breaking this level will press on the price to head towards 0.6805 as a next target.

 

We remind you that the continuation of the bearish wave depends on the price stability below 0.6990.

 

The expected trading range for today is between 0.6860 support and 0.6960 resistance

 

The expected trend for today: Bearish

The AUDUSD breaches the resistance – Analysis - 08-10-2021

Economies.com
2021-10-08 04:15AM UTC

The AUDUSD pair breached 0.7290 level clearly and settled above it, to head towards achieving additional expected gains in the upcoming sessions, waiting to visit 0.7360 as a next station.

 

Therefore, the bullish bias will be suggested on the intraday basis, noting that breaking 0.7290 will stop the positive scenario and press on the price to decline again.

 

The expected trading range for today is between 0.7250 support and 0.7370 resistance

 

The expected trend for today: Bullish

Brent oil price achieves strong gains – Analysis - 08-10-2021

Economies.com
2021-10-08 04:14AM UTC

Brent oil price’s decline stopped at 78.80 level, and bounced upwards strongly to confirm resuming the main bullish track, targeting testing 84.00 level as a first positive station.

 

Therefore, the bullish trend will be dominant in the upcoming sessions, noting that failing to surpass 83.20 will stop the expected rise and press on the price to turn to decline, to head towards visiting 78.50 areas on the near term basis.

 

The expected trading range for today is between 81.00 support and 84.00 resistance.

 

The expected trend for today: Bullish

Frequently asked questions

What is the price of USD/CHF today?

The price of USD/CHF is $0.7944 (2025-07-04 23:55PM UTC)