The USDCHF under the negative pressure – Analysis - 01-03-2022
Economies.com
2022-03-01 04:35AM UTC
The USDCHF pair traded with strong negativity yesterday to break 0.9265 followed by 0.9200 levels and settles below them, to fall under expected negative pressure in the upcoming sessions, targeting visiting 0.9135 as a next station.
Therefore, we suggest the continuation of the negative pressure domination in the upcoming sessions unless the price rallied to breach 0.9200 followed by 0.9265 levels and hold above them.
The expected trading range for today is between 0.9120 support and 0.9230 resistance.
The expected trend for today: Bearish
Forex and Currency News
Forex
Dollar tumbles to two-week lows ahead of US growth data
2024-04-25 11:18AM UTC
Dollar fell in European trade on Thursday against a basket of major rivals, resuming losses and ...
Forex
Euro scales 16-year peak against yen
2024-04-25 07:51AM UTC
Euro rallied in Asian trade on Thursday against the yen, extending gains for the fifth straight ...
Forex
Euro parks at two-week high amid positive sentiment
2024-04-24 07:41AM UTC
Euro rose in European trade on Wednesday, widening gains for the fourth straight session and ...
Forex Technical Analysis
Forex
The USDCHF price faces solid resistance – Forecast today - 26-04-2024
2024-04-26 03:58AM UTC
USDCHF Price Analysis Expected Scenario The USDCHF price encountered solid resistance at ...
Forex
The NZDUSD price rises again – Forecast today - 26-04-2024
2024-04-26 03:58AM UTC
NZDUSD Price Analysis Expected Scenario The NZDUSD price has returned to rise after a ...
Forex
The AUDUSD price attempts positively – Forecast today - 26-04-2024
2024-04-26 03:58AM UTC
AUDUSD Price Analysis Expected Scenario The AUDUSD price has shown new positive trades ...