The USDCHF pair fluctuates around 0.9800 level, accompanied by stochastic reach to the overbought areas now, while the EMA50 keeps pushing negatively on the price and protects trading inside the bearish channel that appears on chart.

Therefore, these factors encourage us to continue suggesting the bearish trend in the upcoming sessions, and breaking 0.9800 will confirm opening the way to head towards 0.9730 direct, while the expected decline will remain valid unless breaching 0.9892 and holding with a daily close above it.

Expected trading range for today is between 0.9730 support and 0.9865 resistance.

Expected trend for today: Bearish

Previous Analysis

Next Analysis

Main

Forex

Indices

	Symbol	Last	Change	Chg.%
	EUR/USD	1.1284	-0.0013	0.1146%
Midday update for the EURUSD 25-01-2022
	GBP/USD	1.3490	0.0012	0.0876%

	Tadawul	12108.56	56.61	0.47%

	Silver	23.784	-0.033	0.139%

	Oil	84.641	1.100	1.317%
Midday update for Crude oil 25-01-2022
	Brent Oil	87.64	1.30	1.51%

	Gold	1847.715	8.250	0.449%
Midday update for Gold 25-01-2022

Live Forex Updates

Euro stalls at two-week low ahead of Fed's meeting

2022-01-25 09:46:09 GMT

Sterling plumbs two-week low after weak data

2022-01-21 09:02:19 GMT

Sterling rises on UK rate hike prospects

2022-01-20 09:26:27 GMT

Dollar extends gains as US Treasury yields rally

2022-01-18 13:41:06 GMT

Risk Disclaimer: Economies.com is a financial portal that provides news and analysis about the different financial markets. The articles that we serve on the portal depend solely on the opinion and analysis of our economists which in no way are intended to incite a visitor of the website or an investor to trade or sell/buy a certain instrument. It is the responsibility of the visitor / trader only to evaluate his trading strategies and whether he is capable of trading with taking into consideration that losing all the capital invested is a possibility. The visitor should seek an independent professional financial advisor to discuss his or her trading strategies. Moreover, the provided rates for the different instruments are indicative only and cannot be used for trading purposes. Therefore, no responsibility can be imposed on Economies.com and the company operating the portal for any loss of money that may occur to the visitor by using the website.