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, […]
Market Analysis – February 14 EURCHF’s price action has revealed a clear sign of a descending trend. The supporting trend line of the ascending wedge has failed to support the price. EURCHF Key Levels Demand Levels: 0.9820, 0.9720, 0.9430 Supply Levels: 0.9910, 1.0600, 1.0150 EURCHF Long-term trend: Bearish In the third quarter of the previous […]
EURCHF Analysis – December 6 The EURCHF market is on the verge of a price breakout after it fills up its bullish triangle pattern. The market has dropped to a very low price in recent times. However, it has been equally allowed to recover itself. The buyers have taken the opportunity with both hands, though. […]
EURCHF Analysis – November 29 EURCHF seeks reinforcements to preserve its rising market. The market can be considered to be well and truly on an uptrend. However, in recent times, the buy-traders have weakened due to much exertion when trying to drive the market from its lowest point ever. Their challenge has thus far revolved […]
EURCHF Analysis – November 22 EURCHF is contending with the 0.98360 supply level to make a further upward movement. Though the price has been bullish in recent times, however, the strength of the buyers has waned, and the currency has now hit a blocker at the 0.98360 supply zone. Currently, the price has fallen below […]
EURCHF Analysis – November 15 EURCHF slips from above the 0.98360 key level upon its second attempt to test the level. Since hitting a depression some weeks ago, the market has been strongly bullish. The price conformed into a bullish structure to pump the current pair beyond several key levels, including the 0.98360 major resistance […]
EURCHF Analysis – November 8 EURCHF price is presently climbing as currency investors are enjoying a good run in the market. The buying base has recovered from a highly depressing experience that happened over the past few months to a very strong upward rise. EURCHF was firstly structured in an inverted head-and-shoulders chart pattern, which […]
EURCHF Analysis – November 1 EURCHF is set to retest the 0.98360 critical level before it climbs to higher price levels. The market has done tremendously well to pick itself up from a very disastrous September, which saw it reach its lowest price level ever. The currency pair quickly conformed into an inverted head-and-shoulders formation, […]
EURCHF Analysis – October 25 EURCHF breaks the 0.98360 market cap. The market has been reworking itself to recover from a disastrous spell that happened over a month ago in which the price plummeted to its lowest point ever. The buyers used the opportunity to formulate the market into an inverted head-and-shoulder chart formation. It […]
