The USDCHF tests the support base – Analysis - 07-10-2021
Economies.com
1 year ago
The USDCHF pair tested 0.9265 level and keeps its stability above it, accompanied by stochastic reach to the oversold areas, to form positive motive that we are waiting to assist to push the price to resume the positive trades, waiting to visit 0.9345 level mainly.
Therefore, the bullish trend scenario will remain valid and active for the upcoming period conditioned by the price stability above 0.9240.
The expected trading range for today is between 0.9240 support and 0.9345 resistance.
The expected trend for today: Bullish
Forex and Currency News
Forex
Dollar loses ground but still heads for best quarterly performance in a year
1 day ago
Dollar fell off ten-month highs against a basket of major rivals while on track for the largest ...
Forex
Euro resumes gains as dollar heaps pressure
1 day ago
Euro rose on Friday against a basket of major rivals amid mounting pressures on the US dollar ...
Forex
Yen rebounds from 11-month nadir
1 day ago
Dollar fell against yen on Friday after yen marked 11-month lows recently following strong hints by ...
Forex Technical Analysis
Forex
Midday update for the NZDUSD 29-09-2023
1 day ago
The NZDUSD pair managed to achieve our waited target at 0.6020 and breaches it to attempt to hold ...
Forex
Midday update for the AUDUSD 29-09-2023
1 day ago
The AUDUSD pair shows more bullish rally to approach 0.6500 barrier, reinforcing the expectations ...
Forex
Midday update for the GBPUSD 29-09-2023
1 day ago
The GBPUSD pair shows more rise to reach the thresholds of the waited target at 1.2280, and the way ...