USDCHF keeps its negative stability – Analysis - 26-03-2018

Economies.com
2018-03-26 04:51AM UTC

The USDCHF pair settles below 0.9488 level, to keep the negative pressure valid until now, supported by the pressure formed by the EMA50, besides the negative overlapping signal that stochastic begins to provide now.

 

Therefore, the bearish trend will remain expected on the intraday and short term basis conditioned by the price stability below 0.9488, reminding you that our next main target is located at 0.9373.

 

Expected trading range for today is between 0.9370 support and 0.9515 resistance.

 

Expected trend for today: Bearish

Forex and Currency News

USD/JPY news

Forex

Yen extends losses as Banks of Japan holds off intervention
2024-05-17 04:36AM UTC
Yen fell in Asian trade on Friday against a basket of major rivals, extending losses for the second ...
EUR/USD news

Forex

Euro extends gains to two-month highs amid positive outlook
2024-05-16 08:33AM UTC
Euro rose in European trade on Thursday against a basket of major rivals, extending gains for the ...
USD/JPY news

Forex

Yen gains ground as US treasury yields dip
2024-05-16 04:20AM UTC
Yen rose in Asian trade on Thursday against a basket of major rivals, extending gains for the ...

Forex Technical Analysis

GBP USD Analysis

Forex

The GBPUSD forecast update 17-05-2024
2024-05-17 09:10AM UTC
GBPUSD Price Analysis Expected Scenario The GBPUSD price provides additional negative ...
EUR USD Analysis

Forex

The EURUSD price forecast update - 17-05-2024
2024-05-17 09:09AM UTC
EURUSD Price Analysis Expected Scenario The EURUSD price shows additional negative trades ...
Technical Analysis

Forex

The GBPCHF repeats the attempt to exit the negative track – Forecast today – 17-5-2024
2024-05-17 07:18AM UTC
GBPCHF Price Analysis Expected Scenario The GBPCHF price returned to form new bullish ...