The USDCHF price touches the recent high – Forecast today - 25-04-2024
Economies.com
2024-04-25 04:07AM UTC
USDCHF Price Analysis
- The USDCHF price resumes its positive trading to test the recently recorded high at 0.9151, waiting to breach this level to open the way to head towards 0.9200 followed by 0.9245 levels as next positive targets.
Expected Scenarios
- Therefore, we will continue to suggest the bullish trend for the upcoming period, organized inside the bullish channel that appears on the chart, noting that breaking 0.9090 will push the price to achieve some bearish correction and test 0.8960 areas initially before any new attempt to rise.
Trading Range
- The expected trading range for today is between 0.9080 support and 0.9220 resistance.
Trend forecast: Bullish
Forex and Currency News
Forex
Dollar moves in negative zone ahead of Fed remarks
2024-05-13 11:52AM UTC
Dollar fell in European trade on Monday against a basket of major rivals, resuming losses and ...
Forex
Euro advances towards three-week highs amid cautious trading
2024-05-13 08:51AM UTC
Euro rose in European trade on Monday against a basket of major rivals, resuming gains against the ...
Forex
Loonie edges up after monthly employment data
2024-05-10 15:49PM UTC
The Canadian dollar rose against most major rivals following monthly jobs data which revealed solid ...
Forex Technical Analysis
Forex
The GBPUSD forecast update 13-05-2024
2024-05-13 10:37AM UTC
GBPUSD Expected Scenario The GBPUSD price shows sideways trades since morning, thus, no ...
Forex
The EURUSD price forecast update - 13-05-2024
2024-05-13 10:37AM UTC
EURUSD Expected Scenario The EURUSD price trades positively now to approach testing the ...
Forex
The GBPCAD leans above the moving average – Forecast today – 13-5-2024
2024-05-13 05:37AM UTC
GBPCAD Price Analysis Expected Scenario The GBPCAD price succeeded to face the temporary ...