USDCHF resumes the decline – Analysis - 14-06-2018

Economies.com
2018-06-14 00:41AM UTC

The USDCHF pair bounced bearishly to move below 0.9850 level again, which supports the continuation of our bearish overview efficiently in the upcoming sessions, paving the way to head towards 0.9723 as a next main station, suppored by moving below the EMA50, reminding you that holding below 0.9870 represents the most important condition to continue the expected decline.

 

Expected trading range for today is between 0.9770 support and 0.9900 resistance.

 

Expected trend for today: Bearish

Forex and Currency News

Forex News

Forex

Dollar climbs ahead of crucial US data
2024-04-30 11:33AM UTC
The dollar rose in European trade on Tuesday against a basket of major rivals away from two-week ...
EUR/USD news

Forex

Euro under pressure ahead of European inflation data
2024-04-30 07:41AM UTC
Euro declined in European trade on Tuesday against a basket of major rivals, backing away from ...
Forex News

Forex

Dollar loses ground as markets focus on corporate earnings
2024-04-29 18:46PM UTC
Dollar declined against most major rivals on Monday as markets focus on corporate earnings and the ...

Forex Technical Analysis

NZD USD Analysis

Forex

The NZDUSD price forecast update 30-04-2024
2024-04-30 09:24AM UTC
NZDUSD Price Analysis Expected Scenario The NZDUSD price trades with clear negativity to ...
AUD USD Analysis

Forex

The AUDUSD price forecast update 30-04-2024
2024-04-30 09:24AM UTC
AUDUSD Price Analysis Expected Scenario The AUDUSD price is facing additional negative ...
GBP USD Analysis

Forex

The GBPUSD forecast update 30-04-2024
2024-04-30 09:23AM UTC
GBPUSD Price Analysis Expected Scenario The GBPUSD price trades negatively now to confirm ...