Market Analysis – February 8th EURCHF buyers gain dominance. The currency pair has recently witnessed a refocus of strength as buyers gain dominance. The bulls have been steadily building up their strength since the start of this month. This indicates a significant shift in market dynamics. The Euro market has shown signs of growing stronger, […]
EURCHF Analysis – January 3 EURCHF approaches a bearish order block amidst the oversold conditions, according to the Stochastic Oscillator. The price dipped to a low of 0.92550, indicating heightened selling pressure. EURCHF is currently in a retracement phase, with a bearish order block near 0.95000. Oversold conditions on the Stochastic Oscillator indicate an impending […]
EURCHF Analysis – December 19 EURCHF sets to invalidate the 0.95450 swing high as the price continues upward. EURCHF has been bearish on the daily chart for months. The Moving Average Period 50 crossed the Moving Average Period 200 to the downside in May 2023. This indicated a long-term projection of the emerging downtrend. The […]
EURCHF Analysis – December 12 EURCHF begins an upward correction as the market becomes oversold, according to the indication of the Stochastic Oscillator. The market is clearly characterized by a systematic pattern as prices keep experiencing BOS (Break Of Structures) to the downside. The market is currently heading into the premium zone, after which another […]
EURCHF Analysis – November 17 EURCHF is set to flip bullish as the market begins its fifth impulse swing. Recently, the market experienced a bullish divergence as the RSI (Relative Strength Index) posted higher lows against the price’s lower lows. This is likely to boost the confidence of the EURCHF buyers, thereby leading to a […]
Market Analysis – September 22 EURCHF retests bullish Order-Block on the daily chart. The market trend in EURCHF has been experiencing successive lower lows. The most significant low occured in late September 2022. However, the downward price movement came to an end with a structural break at the 0.98600 level. EURCHF Key Levels Demand Levels: […]
Market Analysis – August 25 The EURCHF currency pair is currently undergoing a phase of consolidation, marking a notable shift in market dynamics after an extended period of downward movement. EURCHF Key Levels: Demand Levels: 0.9550, 0.9370, 0.9300 Supply Levels: 0.9650, 0.9730, 0.9840 Long-Term Trend for EURCHF: Bearish A meticulous examination of the daily chart […]
Market Analysis – August 16 EURCHF has exhibited a bullish trajectory within the shorter 4-hour timeframe, albeit contrary to the prevailing higher daily timeframe trend. This upward movement is poised to encounter impediments due to encountering a resistance level. EURCHF Key Levels: Demand Levels: 0.9550, 0.9370, 0.9300 Supply Levels: 0.9650, 0.9730, 0.9840 Long-Term Trend for […]
Market Analysis – March 8 The EURCHF market is showing a very weak bearish trend. The lower highs and lows are very close to one another. The buyers have not surrendered totally as bullish impulsive moves are still observed within the bearish parallel channel. EURCHF Key Levels Demand Levels: 0.9850, 0.9820, 0.9770 Support Levels: 1.0000, […]
