USDCHF achieves more gains – Analysis - 30-04-2018

Economies.com
2018-04-30 03:51AM UTC

The USDCHF pair keeps providing the positive trading to confirm breaching the bullish channel’s resistance that appears on the chart, noticing that stochastic shows clear oversold signals, to motivate the price to achieve more rise in the upcoming period, waiting to target 0.9976 level that represents our next main target.

 

Therefore, we will continue to suggest the bullish trend conditioned by the price stability above 0.9790.

 

Expected trading range for today is between 0.9820 support and 0.9976 resistance.

 

Expected trend for today: Bullish

Forex and Currency News

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 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 ...
EUR/JPY news

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 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, ...