EURCHF Price Analysis – December 11 EURCHF finally begins a bullish correction phase from the 1.03270 key level. There has been a long-drawn bearish regime in which buyers were completely sidelined, having negligible influence in the market. However, from early December 2021, EURCHF began responding to the buyers, and this was demonstrated by the breakout […]
EURCHF Price Analysis – January 4 EURCHF bulls edge the market, but bearishness persists. Buyers finally set up a barricade at 1.03710, which was able to edge the market in their favor. Therefore, price breaks out of a long-draw descending channel on the 6th of December using a bullish engulfment candlestick pattern. However, bulls were […]
EURCHF Price Analysis – December 28 EURCHF is extremely weak as the price is seen to sink steadily. The market has been bearish since the 20th of September. The dive in the market was further confirmed by the prominent cross of the 9 and 21 Moving Averages. The price dropped from above the 1.0840 zone […]
EURCHF Price Analysis – December 25 EURCHF is being forced to consolidate above the 1.03930 significant level. The market is finally enjoying a period of respite from bearish forces after the price hit an impervious significant support level at 1.03930. While the sellers are still raging, the price has been forced to enter a consolidation […]
EURCHF Price Analysis – December 14 EURCHF Bulls get a hold of the market to disrupt the downward flow of price. It can be seen that as price plummeted deeper, the buyers got more daring and more frequent in disrupting the market flow. As a result, on the 6th of December, the bulls went one […]
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, […]
