USDCHF resumes the decline – Analysis - 08-06-2018
Economies.com
2018-06-08 00:51AM UTC
The USDCHF pair traded with clear negativity yesterday to confirm breaking 0.9850 level and moves within bearish track that appears on the chart, which supports the continuation of our bearish overview efficiently in the upcoming sessions, and the way is open to achieve our waited target at 0.9723.
Therefore, the bearish trend will remain valid and active conditioned by the price stability below 0.9850 – 0.9870 levels.
Expected trading range for today is between 0.9730 support and 0.9870 resistance.
Expected trend for today: Bearish
Forex and Currency 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 ...
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 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 ...