USDCHF breaks the support – Analysis - 05-03-2018
Economies.com
2018-03-05 05:24AM UTC
The USDCHF pair continued to decline to break 0.9373 level and settles below it, which puts the price under the negative pressure again, especially that the price moves below the EMA50, to head towards targeting 0.9186 as a next main station.
Therefore, the bearish bias will be expected in the upcoming sessions unless the price managed to breach 0.9373 level and hold with a daily close above it.
Expected trading range for today is between 0.9280 support and 0.9400 resistance.
Expected trend for today: Bearish
Forex and Currency News
Forex
Dollar gives up three-week high ahead of unemployment claims data
2023-12-07 11:30AM UTC
Dollar declined in European trade on Thursday against a basket of major rivals away from three-week ...
Forex
Euro sharpens decline to three-week trough on European interest rate cut prospects
2023-12-07 07:39AM UTC
Euro fell in European trade on Thursday against a basket of major rivals, heading for the seventh ...
Forex
Loonie resumes gains before BOC decision
2023-12-06 14:01PM UTC
Canadian dollar rose in American trade on Wednesday against a basket of major rivals, resuming ...
Forex Technical Analysis
Forex
The USDCHF below the moving average – Analysis - 08-12-2023
2023-12-08 04:40AM UTC
The USDCHF pair provided temporary positive attempts yesterday and returned to settle below the ...
Forex
The NZDUSD surpasses the resistance – Analysis - 08-12-2023
2023-12-08 04:40AM UTC
The NZDUSD pair breached 0.6140 level clearly and settled above it, to stop yesterday’s ...
Forex
The AUDUSD regains the bullish track – Analysis - 08-12-2023
2023-12-08 04:40AM UTC
The AUDUSD pair continued to rise after confirming breaching 0.6545 and holding above it, to ...