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Technical Analysis for USD/CHF, NZD/USD, EUR/USD

USD/CHF The pair USD against Franc is trading on the scope of both sides and narrow. With a slight downward slope heading towards the first awaited target at 0.9180, where trading continues within the descending channel. That supports expectations downward direction. SMA 50 continues to support the expected bearish wave, which requires stability below 0.9310 to sustain it. The trading ran

ge expected for today is between: support at 0.9150 and resistance 0.9310 General tendency expected for today: DOWN NZD/USD New Zealand Dollar against U.S. Dollar was able to stabilize with daily closing above the rising channel support, to restore the bullish intraday trend scenario again.

The price needs to breach the 0.7920 level to add further confirmation to the continuation of the bullish trend. Awaited main targets start at 0.8060, while the realization requires stability above 0.7875 The trading range expected for today is between: support at 0.7800 and resistance 0.8060 General tendency expected for today: UP EUR/USD Exchange rate of the euro rose against the U.S. dollar. Now trading at levels very sensitive which represent the key resistance and close to 23.6% at a price of 1.3315. Limited current rise in the levels below 1.3315 makes us keep our negative expectations for the day. But, in case we have seen stable above the 1.3315 price referred to it. We will move directly to the positivity.

The trading range for today is among the key support at 1.3185 and the major resistance at 1.3485. The general trend over short-term is LATERAL consistently trading between 1.2775 and 1.3600 with a daily closing.

Wednesday, 07 Aug, 2013 / 7:07

Source : https://www.firstbinaryoption.com/register/

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