The USDCHF price attempts positively – Forecast today - 26-03-2024

Economies.com
2024-03-26 02:16AM UTC

USDCHF Pair Analysis

  • The USDCHF pair begins today with a slight bullish bias, indicating a potential resumption of the main bullish trend.
  • Continues to move inside the bullish channel, supporting the chances of achieving more gains on the intraday and short-term basis.
  • Next target is located at 0.9105.
  • EMA50 keeps supporting the suggested bullish wave.
  • Breaking 0.8935 followed by 0.8890 levels will stop the expected rise and push the price into bearish correction before resuming the bullish trend.

Support and Resistance Levels:

  • Support: 0.8930
  • Resistance: 0.9070

Trend Forecast: Bullish

Forex and Currency News

Forex News

Forex

Dollar under pressure from US yields and Japanese authorities
2024-04-29 11:17AM UTC
Dollar fell in European trade on Monday against a basket of major rivals, resuming gains after a ...
EUR/USD news

Forex

Euro hovers near two-week high despite bearish outlook
2024-04-29 07:40AM UTC
Euro rose in European trade on Monday against a basket of major rivals, resuming gains against the ...
Forex News

Forex

The Australian dollar shines and the Japanese yen collapses!
2024-04-28 18:43PM UTC
Market Updates on Foreign Currencies The Australian currency tops the list of winning ...

Forex Technical Analysis

EUR USD Analysis

Forex

The EURUSD price forecast update - 29-04-2024
2024-04-29 09:53AM UTC
Expected Scenario The EURUSD price surpassed the 1.0715$ level and closed the last four ...
Technical Analysis

Forex

The GBPAUD hits the first target – Forecast today – 29-4-2024
2024-04-29 05:57AM UTC
GBPAUD Price Analysis Expected Scenario The GBPAUD price started to form new negative ...
EUR JPY Analysis

Forex

The EURJPY achieves fake gains – Forecast today – 29-4-2024
2024-04-29 05:51AM UTC
EURJPY Price Analysis Expected Scenario The EURJPY pair started today by forming ...