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Weekly Technical Analysis: 20/02/2018 – USD/JPY, EUR/USD, GBP/USD, USD/CAD, USD/CHF

Summary:
USD/CHF The USDCHF pair approached our waited target yesterday, represented by the bearish channel’s resistance that appears on the above chart, noticing that the price faces good resistance at the EMA50, which forms negative pressure that we expect to push the price to resume its main bearish track again. Therefore, the bearish bias will be suggested in the upcoming sessions, and the waited targets begin at 0.9254 and extend to 0.9035 after breaking the previous level, noting that breaching 0.9330 will stop the expected decline and push the price to continue rising on the intraday basis. Expected trading range for today is between 0.9200 support and 0.9350 resistance. USD/CHF, February 20(see more posts on

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USD/CHF

The USDCHF pair approached our waited target yesterday, represented by the bearish channel’s resistance that appears on the above chart, noticing that the price faces good resistance at the EMA50, which forms negative pressure that we expect to push the price to resume its main bearish track again.

Therefore, the bearish bias will be suggested in the upcoming sessions, and the waited targets begin at 0.9254 and extend to 0.9035 after breaking the previous level, noting that breaching 0.9330 will stop the expected decline and push the price to continue rising on the intraday basis.

Expected trading range for today is between 0.9200 support and 0.9350 resistance.

USD/CHF, February 20

(see more posts on USD/CHF, )
Weekly Technical Analysis: 20/02/2018 – USD/JPY, EUR/USD, GBP/USD, USD/CAD, USD/CHF

Source: economies.com - Click to enlarge

USD/JPY

 

USD/JPY with Technical Indicators, February 20

(see more posts on USD/JPY, )
Weekly Technical Analysis: 20/02/2018 – USD/JPY, EUR/USD, GBP/USD, USD/CAD, USD/CHF

- Click to enlarge

EUR/USD

 

EUR/USD with Technical Indicators, February 20

(see more posts on EUR/USD, )
Weekly Technical Analysis: 20/02/2018 – USD/JPY, EUR/USD, GBP/USD, USD/CAD, USD/CHF

- Click to enlarge

GBP/USD

 

GBP/USD with Technical Indicators, February 20

(see more posts on British Pound, )
Weekly Technical Analysis: 20/02/2018 – USD/JPY, EUR/USD, GBP/USD, USD/CAD, USD/CHF

- Click to enlarge

USD/CAD

 

USD/CAD with Technical Indicators, February 20

Weekly Technical Analysis: 20/02/2018 – USD/JPY, EUR/USD, GBP/USD, USD/CAD, USD/CHF

- Click to enlarge


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Raffi Boyadjian
Finance and Investing. Michigan State football and basketball. Tigers, Lions (sometimes), Pistons, Wings.

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