The USDCHF within tight track – Analysis - 10-12-2020

Economies.com
2020-12-10 05:39AM UTC

The USDCHF pair did not show any strong move in the previous sessions, to continue fluctuating around 0.8890, thus, no change to the bearish trend scenario that depends on the price stability below 0.8970, while our next main target is located at 0.8840.

 

The expected trading range for today is between 0.8800 support and 0.8930 resistance.

 

The expected trend for today: Bearish

Forex and Currency News

Forex News

Forex

The Australian dollar shines and the Japanese yen collapses!
2024-04-28 18:43PM UTC
Market Updates on Foreign Currencies The Australian currency tops the list of winning ...
USD/JPY news

Forex

Yen swoons by over 1% after BOJ decision
2024-04-26 18:30PM UTC
Yen tumbled against most major rivals on Friday following the Bank of Japan’s policy ...
GBP/JPY news

Forex

Sterling surges to 16-year peak against yen
2024-04-26 08:11AM UTC
Sterling rose in European trade on Friday against a basket of major rivals, extending gains for the ...

Forex Technical Analysis

EUR USD Analysis

Forex

End of day EURUSD price forecast update - 26-04-2024
2024-04-26 16:36PM UTC
The EURUSD price is facing strong negative pressure to break 1.0715$ level and attempts to hold ...
GBP USD Analysis

Forex

The GBPUSD forecast update 26-04-2024
2024-04-26 10:59AM UTC
GBPUSD Price Analysis Expected Scenario The GBPUSD price shows some slight bearish bias ...
EUR USD Analysis

Forex

The EURUSD price forecast update - 26-04-2024
2024-04-26 10:58AM UTC
EURUSD Price Analysis Expected Scenario The EURUSD price settles above 1.0715$ level, ...