Market Analysis – December 17 EURCHF signals a bullish breakout above the key resistance zone. The 9-period Simple Moving Average (SMA) at $0.93230 is trending upwards and acting as a dynamic support, confirming the strength of the recent upward momentum. Additionally, the Relative Strength Index (RSI) is at 65.80, indicating that the pair is approaching […]
Market Analysis – July 18 The EURCHF price is reacting to the supply zone at 0.9710. Though the upward trend has been very strong, a double-top pattern has formed upon reaching this zone, indicating a potential resistance level. EURCHF Key Levels Demand Levels: 0.9600, 0.9530, 0.9320 Supply Levels: 0.9770, 0.9880, 1.0000 EURCHF Long-Term Trend: Bullish […]
Market Analysis – July 10 EURCHF price has ascended into a bearish mitigation block on the daily chart, terminating at the mid-range of the last bearish displacement from 0.9930 to 0.9480. This bearish mitigation block is currently resisting the upward movement, as expected. EURCHF Key Levels Demand Levels: 0.9600, 0.9440 Supply Levels: 0.9880, 1.0040 EURCHF […]
Market Analysis – June 28 The EURCHF market trend in the 24-hour timeframe is distinctly bearish. However, the pullback within this downtrend has created a strong bullish market structure in the 4-hour timeframe. Synchronizing both timeframes is essential to establish the best forex signals for optimal entry points. EURCHF Key Levels Demand Levels: 0.9500, 0.9400, […]
EURCHF has resumed its upward momentum, striking at the resistance level of 0.9840 as bullish forces gather strength. April witnessed a setback for buyers as their attempts to breach the pivotal 0.9840 level were met with disappointment. The Awesome Oscillator underscored this downturn in bullish momentum, evident in the sudden price retreat below 0.9690. EURCHF […]
Market Analysis – April 5 EURCHF demonstrates a steady uptrend following a period of a market downturn, presenting a favourable environment for buy-side delivery. Notably, liquidity pools characterized by relatively equal highs on the bearish side serve as magnets for potential buyers, prompting opportunistic capitalization. EURCHF Key Levels: Demand Levels: 0.9700, 0.9560, 0.9470 Supply Levels: […]
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 […]
