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

 

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

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USD/CHF, January 22

Source: economies.com - Click to enlarge

 

USD/JPY

 

USD/JPY with Technical Indicators, January 22

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USD/JPY with Technical Indicators, January 22

- Click to enlarge

EUR/USD

 

EUR/USD with Technical Indicators, January 22

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EUR/USD with Technical Indicators, January 22

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GBP/USD

GBP/USD with Technical Indicators, January 22

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GBP/USD with Technical Indicators, January 22

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USD/CHF

USD/CHF with Technical Indicators, January 22

(see more posts on USD/CHF, )
USD/CHF with Technical Indicators, January 22

- Click to enlarge

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Raffi Boyadjian
Raffi graduated from the London School of Economics in 1999 with a BSc in Business Mathematics and Statistics. Following graduation, he joined PricewaterhouseCoopers in the Business Recoveries team, where he was responsible for handling the process lifecycle of companies in liquidation.
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