USDCHF tests the support – Analysis - 21-02-2019
Economies.com
2019-02-21 05:18AM UTC
The USDCHF pair tested the key support 0.9990 and kept its stability above it, to keep the bullish trend scenario active for the upcoming period, supported by stochastic current positivity, waiting to visit 1.0128 level that represents our next main target.
Holding above 0.9990 is important to continue the suggested bullish wave, as breaking it will press on the price to return to the correctional bearish track again, which its first target located at 0.9904.
The expected trading range for today is between 0.9980 support and 1.0080 resistance.
The expected trend for today: Bullish
Forex and Currency 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
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 ...
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
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 ...
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, ...
Forex
The EURCAD under the negative pressure – Forecast today – 26-4-2024
2024-04-26 06:52AM UTC
EURCAD Price Analysis Expected Scenario The EURCAD price repeated the negative closings ...