EURCHF Price Analysis – November 30 Bears retain control as EURCHF plunges below the latest support setup at 1.04450. Having successfully navigated the last support setup at 1.05400, the market speedily dropped below the next critical level and touched down at 1.04450, where purchasers set up another barricade to control the market’s drop. As in […]
EURCHF Analysis – November 23 EURCHF monthly support is not sufficient to halt the continuous fall in price. There was a temporary accumulation of price above the 1.05400 monthly support, but then price found its way below the level. Further support at 1.05040 was not able to halt the downslide in EURCHF either. The market […]
EURCHF Price Analysis – November 17 EURCHF breaks below the second critical support level as bears keep pushing the price downward. 1.05400 is the critical support level that is used by the bulls to attempt to halt market bearishness. Price dropped to the level on the first day of November and EURCHF began consolidating as […]
EURCHF Price Analysis – October 9 EURCHF downtrend comes to a stop after hitting the strong support level of 1.05470. It was predicted that the market would plummet strongly, and there has been a free fall in price over the past 2 weeks in which the market crashed 3.6% over the duration of time. However, […]
EURCHF Price Analysis – November 3 EURCHF finds respite at the weekly support level of 1.05470. This is the second level at which the market finds respite since drilling through the critical price level at 1.07010. The first point where the market had a temporary stop was above the 1.06580 significant level. EURCHF touched down […]
EURCHF Price Analysis – October 26 EURCHF is under pressure from sellers to keep falling. This has been the case since the market hit the 1.09320 supply level. There was an immediate rejection and EURCHF fell under. From there, the plunge continued till price fell to the 1.08360 price level. Buyers were expected to take […]
EURCHF Price Analysis – October 12 EURCHF buyers fail to maintain their hold above the 1.08360 key level and the market has taken a nosedive to 1.07230. On its way down, the price was intercepted at various significant levels which including the 1.07830 and the 1.07390 levels. The failure of buyers to keep a hold […]
EURCHF Price Analysis – October 5 EURCHF is approaching strong support levels after slipping off the 1.08360 stronghold. On its way down, price tried to revive around the 1.07830 price level on October 1st, but the market was ultimately beaten down and the euro remained in a weakening position against the Swiss franc. The downward […]
EURCHF Price Analysis – September 28 EURCHF bulls have run out of steam in their bid to take the market upward. This comes after the market had powered through the 1.08190 barrier. Signs of weakness for the bulls began to surface at 1.09000. Price immediately dropped back to find support on 1.08190. EURCHF fluctuated in […]
