USDCHF gathers the positive momentum – Analysis - 26-09-2018

2018-09-26 03:55:47 GMT (Economies.com)
USDCHF gathers the positive momentum – Analysis - 26-09-2018
 

The USDCHF pair settles above the previously breached resistance of the falling wedge, moving above the EMA50, while stochastic gets rid of its negativity and approaches the oversold areas.

 

Therefore, these factors encourage us to continue suggesting the bullish trend for the upcoming period, which its next target located at 0.9723, while its continuation conditions holding above 0.9620.

 

Expected trading range for today is between 0.9600 support and 0.9723 resistance.

Expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.1592
0.0047
0.4045%
1.3198
0.0111
0.8474%
14.741
0.143
0.983%
71.340
-0.143
0.201%
80.20
-0.58
0.72%
1229.565
11.905
0.978%
 
 
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