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Weekly Technical Analysis: 22/01/2018 – USD/JPY, EUR/USD, GBP/USD, USD/CHF

Summary:
USD/CHF The USDCHF pair found solid support at 0.9564 barrier, which forced the price to rebound bullishly to approach testing the key resistance 0.9655, met by the EMA50 to add more strength to it, while stochastic shows clear overbought signals now. Therefore, these factors encourage us to continue suggesting the bearish trend in the upcoming sessions, as our next main target is located at 0.9420, noting that the continuation of the expected decline depends on holding below 0.9655 and 0.9727 levels. Expected trading range for today is between 0.9564 support and 0.9670 resistance. USD/CHF, January 22(see more posts on USD/CHF, ) Source: economies.com - Click to enlarge USD/JPY    USD/JPY with Technical

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USD/CHF

The USDCHF pair found solid support at 0.9564 barrier, which forced the price to rebound bullishly to approach testing the key resistance 0.9655, met by the EMA50 to add more strength to it, while stochastic shows clear overbought signals now.

Therefore, these factors encourage us to continue suggesting the bearish trend in the upcoming sessions, as our next main target is located at 0.9420, noting that the continuation of the expected decline depends on holding below 0.9655 and 0.9727 levels.

Expected trading range for today is between 0.9564 support and 0.9670 resistance.

USD/CHF, January 22

(see more posts on USD/CHF, )
Weekly Technical Analysis: 22/01/2018 – USD/JPY, EUR/USD, GBP/USD, USD/CHF

Source: economies.com - Click to enlarge

USD/JPY

 

USD/JPY with Technical Indicators, January 22

(see more posts on USD/JPY, )
Weekly Technical Analysis: 22/01/2018 – USD/JPY, EUR/USD, GBP/USD, USD/CHF

- Click to enlarge

EUR/USD

 

EUR/USD with Technical Indicators, January 22

(see more posts on EUR/USD, )
Weekly Technical Analysis: 22/01/2018 – USD/JPY, EUR/USD, GBP/USD, USD/CHF

- Click to enlarge

GBP/USD

GBP/USD with Technical Indicators, January 22

(see more posts on British Pound, )
Weekly Technical Analysis: 22/01/2018 – USD/JPY, EUR/USD, GBP/USD, USD/CHF

- Click to enlarge

USD/CHF

USD/CHF with Technical Indicators, January 22

(see more posts on USD/CHF, )
Weekly Technical Analysis: 22/01/2018 – USD/JPY, EUR/USD, GBP/USD, 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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