USDCHF above the moving average – Analysis - 15-10-2018

Economies.com
2018-10-15 04:33AM UTC

The USDCHF price settles above the EMA50, to get good positive support that reinforces the chances of continuing the expected bullish trend scenario on the intraday and short term basis, waiting to visit 0.9965 level as a next station.

 

Therefore, we will keep our bullish overview for the upcoming period unless breaking 0.9850 level and holding below it.

 

Expected trading range for today is between 0.9850 support and 0.9980 resistance.

Expected trend for today: Bullish

Forex and Currency News

AUD/USD news

Forex

Aussie gains ground despite mixed data
2024-04-23 20:58PM UTC
The Australian dollar rose against a basket of major rivals on Tuesday following mixed ...
GBP/USD 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 News

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 Technical Analysis

Technical Analysis

Forex

The CADJPY settles within the bullish track – Forecast today – 24-4-2024
2024-04-24 05:44AM UTC
CADJPY Price Analysis Expected Scenario The CADJPY price kept its consolidation within ...
EUR JPY Analysis

Forex

The EURJPY surpasses the resistance – Forecast today – 24-4-2024
2024-04-24 05:38AM UTC
EURJPY Price Analysis Expected Scenario The EURJPY pair didn’t get enough of ...
GBP JPY Analysis

Forex

The GBPJPY achieves the targets – Forecast today – 24-4-2024
2024-04-24 05:37AM UTC
Suggested Scenarios and Trading Range Analysis Scenario: Sustained Bullish Momentum The ...