The Revenue Rises
  • Politics
  • Stocks
  • Business
  • Economy
Trending Now
S&P 500 Earnings for 2025 Q1 — Still...
Money’s Not Leaving the Market — It’s Rotating!
From Oversold to Opportunity: Small Caps on the...
Tariffs and weaker beer demand are weighing on...
Essence Fest leads a summer of events for...
Pullbacks & Reversals: Stocks Setting Up for Big...
S&P 500 Earnings for 2025 Q1 — Still...
Market Signals Align – Is a Bigger Move...
MACD Crossovers: Why Most Traders Get It Wrong
Should You Buy Roblox Stock Now? Key Levels...

The Revenue Rises

  • Politics
  • Stocks
  • Business
  • Economy
Economy

USDCHF and USDJPY: New Weekly Targets and Prices

by admin October 8, 2024
October 8, 2024
USDCHF and USDJPY: New Weekly Targets and Prices

USDCHF and USDJPY: New Weekly Targets and Prices

  • During this morning’s Asian trading session, USDCHF is finding support at the 0.85750 level
  • Last week, USDJPY rose to 149.13 to a new 50-day high

USDCHF chart analysis

During this morning’s Asian trading session USDCHF is finding support at the 0.85750 level. The pair has returned above the daily open level and is now on the positive side. We expect to move above the 0.86000 level soon and form a new daily high. Bullish momentum is also growing, and everything points to further growth. Potential higher targets are 0.86200 and 0.86400 levels.

For a bearish option, we need a negative consolidation and pullback of USDCHF below this morning’s support zone. With a break below, we are going to a new daily low. Such a picture indicates that the pair has no strength to recover and that we are turning to the bearish side. Potential lower targets are 0.85600 and 0.85400 levels.

 

USDJPY chart analysis

Last week, USDJPY rose to 149.13 to a new 50-day high. During this morning’s Asian session, the pair made a slight step down to support at the 148.40 level. It is now putting pressure on this zone, and we are monitoring the situation to see if it will hold. If it holds and we return above the daily open level, USDJPY could start a new bullish consolidation. After that, we expect a visit to last week’s high and a continuation above at a new high.

Potential higher targets are 149.00 and 149.50 levels. For a bearish option, we need a negative consolidation and a drop below this morning’s support zone. By descending to a new daily low, we confirm the transition to the bearish side. Strengthening bearish momentum would have the effect of pulling USDJPY to a new low. Potential lower targets are 148.00 and 147.50 levels. Possible support is the EMA 50 moving average in the 147.50 zone.

 

The post USDCHF and USDJPY: New Weekly Targets and Prices appeared first on FinanceBrokerage.

previous post
Republicans are trying to rig 2024 the way they claim 2020 was rigged
next post
Oil and natural gas: Oil again above $75.00 on Friday

Related Posts

Guts Stock Overview: Latest Trends and Data To...

October 5, 2024

Stock Market News UK Update: FTSE 100 &...

April 3, 2025

Uber Surges 5% after Tesla’s Delay Signals

October 16, 2024

Alibaba Launches Qwen 2.5 AI, Outperforming DeepSeek-V3

January 30, 2025

Japan Stocks Declined Today: Topix Shaved Off 3.2%

August 2, 2024

S&P 500 and Nasdaq: Targets and Prices for...

October 13, 2024

USD/CHF & USD/JPY Analysis: Key Levels and Opportunities

November 2, 2024

401k Rollover to an IRA in a Few...

August 22, 2024

US Presidential Election: Harris, Trump & Debate

August 5, 2024

Could Bitcoin Reach $200000? Market & Expert Insights

March 16, 2025

    Become a VIP member by signing up for our newsletter. Enjoy exclusive content, early access to sales, and special offers just for you! As a VIP, you'll receive personalized updates, loyalty rewards, and invitations to private events. Elevate your experience and join our exclusive community today!


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • S&P 500 Earnings for 2025 Q1 — Still Overvalued
    • Money’s Not Leaving the Market — It’s Rotating!
    • From Oversold to Opportunity: Small Caps on the Move
    • Tariffs and weaker beer demand are weighing on Modelo owner Constellation Brands
    • Essence Fest leads a summer of events for Black entrepreneurs galvanized by economic uncertainty

    Popular Posts

    • 1

      Polls show some good early signs for Kamala Harris

      July 26, 2024
    • 2

      Solana and Cardano: Solana is waiting for a new impulse

      July 18, 2024
    • 3

      The presidential race shifts — modestly, so far — toward Harris

      August 6, 2024
    • 4

      Donald Trump’s imaginary and frightening world

      September 23, 2024
    • 5

      Bitcoin Rebounds to $83,404 Amid Renewed Investor Confidence

      June 4, 2025

    Categories

    • Business (729)
    • Economy (975)
    • Politics (873)
    • Stocks (867)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: therevenuerises.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 The Revenue Rises. All Rights Reserved.