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, […]
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 […]
