EURCHF Price Analysis – August 6 EURCHF bearish campaign has progressed after bulls failed to hold above the 1.08250 key level. The market has been in a downtrend for months since the 4th of March 2021. The bearish campaign can be described as slow and steady as price has been moving down in an undulating […]
EURCHF Price Analysis – August 10 Bulls overturn the market when it seems as though sellers will dig deeper. The price began a decline on the 4th of March 2021, though still on an uptrend line. The fall of the market was confirmed when it drilled through the uptrend line to go lower on the […]
EURCHF Price Analysis – August 3 EURCHF keeps falling after it breached another key support level at 1.08480. This has been the situation since price hit a two-year high at 1.11550 on the 4th of March 2021. The market had had to climb an uptrend line to get to that point. It was initially believed […]
Key Resistance Levels: 1.0800, 1.0900, 1.1000Key Support Levels: 1.0600, 1.0500, 1.0400 EUR/CHF Price Long-term Trend: BearishSince March 5, EUR/CHF pair has been in a downward move. The currency pair has fallen from the high of level 1.1100 to 1.0811. From the recent downtrend, the market appears to reach bearish exhaustion. Meanwhile, on July 14 downtrend, […]
EUR/CHF is trapped within a triangle pattern. An upside breakout from this pattern could activate a strong upside momentum. The pair moves sideways in the short term signaling that the downside movement could be over. The ECB monetary policy meeting could be decisive tomorrow. This high-impact event could bring a clear direction. The European Central […]
