USD/CHF The USDCHF pair tested the correctional bearish channel’s resistance that appears on the chart and kept its stability below it, accompanied by witnessing clear negative signals through stochastic, which supprots the chances of bouncing bearishly to resume the bearish bias in the upcoming sessions, waiting to test 0.9800 level. Therefore, we suggest witnessing negative trading on the intraday and short term basis, and breaking 0.9800 will push the price to head towards 0.9730 direct, while the expected decline will remain valid unless the price managed to breach 0.9892 and hold with a daily close above it. Expected trading range for today is between 0.9750 support and 0.9900 resistance. USD/CHF, December
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USD/CHFThe USDCHF pair tested the correctional bearish channel’s resistance that appears on the chart and kept its stability below it, accompanied by witnessing clear negative signals through stochastic, which supprots the chances of bouncing bearishly to resume the bearish bias in the upcoming sessions, waiting to test 0.9800 level. Therefore, we suggest witnessing negative trading on the intraday and short term basis, and breaking 0.9800 will push the price to head towards 0.9730 direct, while the expected decline will remain valid unless the price managed to breach 0.9892 and hold with a daily close above it. Expected trading range for today is between 0.9750 support and 0.9900 resistance. |
USD/CHF, December 05(see more posts on USD/CHF, ) Source: economies.com - Click to enlarge |
GBP/USD
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GBP/USD with Technical Indicators, December 04(see more posts on GBP/USD, ) - Click to enlarge |
EUR/GBP
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EUR/GBP with Technical Indicators, December 04(see more posts on EUR/GBP, ) - Click to enlarge |
GBP/JPY
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GBP/JPY with Technical Indicators, December 04 - Click to enlarge |
GBP/CAD
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GBP/CAD with Technical Indicators, December 04 - Click to enlarge |
Tags: Australian Dollar,Bollinger Bands,British Pound,Canadian Dollar,Crude Oil,EUR/GBP,Euro,Euro Dollar,Featured,GBP/USD,Japanese yen,MACDs Moving Average,newsletter,RSI Relative Strength,S&P 500 Index,Stochastics,Swiss Franc Index,U.S. Dollar Index,U.S. Treasuries,USD/CHF