Market Analysis – September 13 EURCHF lurks in consolidation. The market experiences a successful bearish breakout on the daily timeframe. A declining wedge has defined the market since February. The support trendline was invalidated on July 12. I The selling pressure significantly pushed the price underneath the support trendline. The sell-off was initiated, and then […]
EURCHF Analysis – Sellers Could Regain Control Next Week EURCHF traders are closing their trade with bullish gains, but market dominance is still lacking from the bulls. Instead, the price has been in a bearish trend. After a period of consolidation, the ongoing situation in EURCHF suggests a pullback in price due to selling pressure. […]
EURCHF Analysis – Sellers Could Regain Control Next Week EURCHF traders are closing their trade with bullish gains, but market dominance is still lacking from the bulls. Instead, the price has been in a bearish trend. After a period of consolidation, the ongoing situation in EURCHF suggests a pullback in price due to selling pressure. […]
Market Analysis – March 14 EURCHF market ascended with the aid of a bullish trendline until 1.0090 was reached. The market has turned bearish after the break of the bullish trendline. EURCHF Key Levels Demand Levels: 0.9820, 0.9770, 0.9720 Supply Levels: 1.0000, 1.0060, 1.0090 EURCHF Long-Term Trend: Bearish EURCHF ascended from a bullish order block […]
Market Analysis – February 28 The EURCHF market has defiled the ascending trendline on the daily timeframe. With the change in market direction, a downtrend has been established in the 24-hour timeframe. The price has ascended to the resistance order block, which provides an opportunity for the sellers. EURCHF Key Levels Supply Levels: 0.9910, 1.0060, […]
EURCHF Analysis – December 6 The EURCHF market is on the verge of a price breakout after it fills up its bullish triangle pattern. The market has dropped to a very low price in recent times. However, it has been equally allowed to recover itself. The buyers have taken the opportunity with both hands, though. […]
EURCHF Analysis – November 29 EURCHF seeks reinforcements to preserve its rising market. The market can be considered to be well and truly on an uptrend. However, in recent times, the buy-traders have weakened due to much exertion when trying to drive the market from its lowest point ever. Their challenge has thus far revolved […]
EURCHF Analysis – November 22 EURCHF is contending with the 0.98360 supply level to make a further upward movement. Though the price has been bullish in recent times, however, the strength of the buyers has waned, and the currency has now hit a blocker at the 0.98360 supply zone. Currently, the price has fallen below […]
EURCHF Analysis – November 15 EURCHF slips from above the 0.98360 key level upon its second attempt to test the level. Since hitting a depression some weeks ago, the market has been strongly bullish. The price conformed into a bullish structure to pump the current pair beyond several key levels, including the 0.98360 major resistance […]
