EURCHF Analysis – September 13 EURCHF begins consolidation above the 0.96140 significant level. The market recently experienced a downward tenure which touchdown to record a new low level at 0.95550. From there, the bulls have been pushing their weight to raise the price back to a higher significance level. The 0.98360 critical region is constituting […]
EURCHF Analysis – September 6 EURCHF fights back to rise and hold above the 0.97200 critical level. Towards the end of last month, the market was condemned to its lowest ever price level. This has, at the very least, stirred up the buyers to redeem themselves. As a result, from the 23rd of August, the […]
EURCHF Analysis – August 30 EURCHF stems the bearish tide that has befallen the market in recent times using the 0.96140 critical level. Incidentally, on the 23rd of August, the market dropped below this critical level to record its lower price level ever. However, the buyers see the 0.96140 critical level as a more stable […]
EURCHF Analysis – August 23 EURCHF dips to its lowest level ever, which is just a marginal distance from its previous all-time low at 0.96140. It happened after the sellers maintained their aggression to shrug off attempts by the buyers to balance the market. There is now a temporary stop at the new lowest level […]
EURCHF Analysis – August 16 EURCHF is bordering on an historically low profile level at the 0.96140 critical support level. The buyers have thus far failed to curtail the drop in price and the market has fallen to its lowest level ever. There is a little bit of renaissance which lifts the price just above […]
EURCHF Analysis – August 9 EURCHF sellers have regained mastery of the market. They do this by forcing the market into a downward motion from the significant resistance level of 1.04960. A double top reversal pattern was employed to spark a reversal at that resistance level. Hence, the buyers’ influence in the market has since […]
EURCHF Analysis – August 2 EURCHF is on course to drop to its lowest ever level. The price broke out of an ascending channel on the 16th of June, and since then, the bears have defended the market from all bullish interference. As a result, the market proceeded downward, dipping through several key levels to […]
EURCHF Analysis – July 26 EURCHF bears successfully led the market to the 0.9650 demand zone. Before reaching its local all-time high, the market had risen from a major support level of 0.9650. On April 20, 2018, the market reached its all-time high in the region. Since then, the market has been trending downward. EURCHF […]
Market Analysis- July 12 EURCHF bears are leading the market to a significant demand zone. The downtrend motive wave began its first impulse on April 25, 2018. Currently, the market appears to be following the Elliot Wave theory, with prices moving in fractals. EURCHF Significant Levels Resistance levels: 1.0520, 1.0220Support levels: 0.9780, 0.9650 EURCHF Long-Term […]
