The USDCHF affected by the negative momentum – Analysis - 18-02-2020
Economies.com
2020-02-18 05:51AM UTC
The USDCHF pair shows slight bearish bias after approaching our waited target at 0.9836, as the price affected by stochastic negativity, and it might lean on the EMA50 before attempting to rise again.
Until now, we continue to suggest the bullish trend for the upcoming period, and the price needs to breach 0.9836 to confirm heading towards 0.9945 as a next station, reminding you that failing to achieve the required breach will force the price to decline and visit 0.9712 areas before any new attempt to rise.
The expected trading range for today is between 0.9770 support and 0.9860 resistance.
The expected trend for today: Bullish
Forex and Currency News
Forex
Sterling loses ground under pressure from BOE
2024-04-23 07:35AM UTC
Sterling fell in European trade on Tuesday against a basket of major rivals, extending losses for ...
Forex
Dollar moves in a positive zone as US treasury yields gian ground
2024-04-22 11:41AM UTC
Dollar rose in European trade on Monday against a basket of major rivals, resuming movements in the ...
Forex
Euro gains ground and heads for $1.07
2024-04-22 07:45AM UTC
Euro rose in European trade on Monday against a basket of major rivals, extending gains for the ...
Forex Technical Analysis
Forex
The GBPUSD forecast update 23-04-2024
2024-04-23 11:05AM UTC
The GBPUSD price tested the key resistance 1.2385$ and bounced bearishly from there, to keep the ...
Forex
The EURUSD price forecast update - 23-04-2024
2024-04-23 11:05AM UTC
The EURUSD price shows sideways trades since morning, and continues to fluctuate around the EMA50, ...
Forex
The GBPCHF under the negative effect – Forecast today – 23-4-2024
2024-04-23 05:12AM UTC
GBPCHF Pair Price Analysis Expected Scenario The GBPCHF pair still affected by the ...