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 […]
EURCHF Price Analysis – September 21 EURCHF is reacting to the 1.08700 significant level. Since bouncing off the 1.07400 support level, price has been in a strong bullish move. This can be seen with 8 consecutive bullish candles which lifted the market above the 1.08700 key level. However, since climbing around this level, EURCHF has […]
EURCHF Price Analysis – September 14 EURCHF bulls press on with their bullish sentiment. The market overturned the decline in price which had ravaged the market for several weeks when it touched down at 1.07200 on the 5th of August 2021. The new rally was initially resisted at 1.03480, but a strong rebound from the […]
EURCHF Price Analysis – September 8 EURCHF bulls push the price up using a double bottom chart pattern. This effect a reversal of the market direction, putting a stop to the decline in price. The gradual fall in price stretches as far back as the 4th of March 2021, after EURCHF surged to the 1.11550 […]
EURCHF Price Analysis – August 31 EURCHF is approaching a critical zone and it is expected to reverse its direction. The market appears to be ranging between the 1.08410 resistance key level and the 1.07150 support key level. The bulls and bears continue to battle for dominance as price approaches this level, producing a double […]
