USDCHF breaks the support – Analysis - 14-05-2018
Economies.com
2018-05-14 02:59AM UTC
The USDCHF pair begins today’s trading with bearish bias to break 1.0000 level and settles below it, which opens the way to start bearish correction on the intraday basis, targeting 0.9900 followed by 0.9850 levels initially.
Therefore, the bearish trend will be suggested in the upcoming sessions unless the price managed to breach 1.0000 followed by 1.0055 levels and hold above them.
Expected trading range for today is between 0.9900 support and 1.0055 resistance.
Expected trend for today: Bearish
Forex and Currency News
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
Euro parks at two-week high amid positive sentiment
2024-04-24 07:41AM UTC
Euro rose in European trade on Wednesday, widening gains for the fourth straight session and ...
Forex Technical Analysis
Forex
The NZDUSD price forecast update 25-04-2024
2024-04-25 09:42AM UTC
NZDUSD Price Analysis Expected Scenario The NZDUSD price shows new positive trades now, ...
Forex
The AUDUSD price forecast update 25-04-2024
2024-04-25 09:42AM UTC
AUDUSD Price Analysis Expected Scenario The AUDUSD price resumes its positive trading ...
Forex
The GBPUSD forecast update 25-04-2024
2024-04-25 09:42AM UTC
GBPUSD Price Analysis Expected Scenario The GBPUSD price rallies upwards strongly to ...