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 […]
EURCHF Analysis – October 18 EURCHF leverages on a strong demand zone to push higher. The buy-traders have begun engineering an uptrend after the price hit rock bottom over the past one month. The market dropped to an entirely new low at 0.94000. This was especially possible because the currency pair was blocked at 0.98360. […]
EURCHF Analysis – October 11 EURCHF enters into a ranging phase as the market’s buyers are trying to gather momentum to rise out of a depressed state. The buyers have been ineffective in stopping the currency pair from plunging to a record low. However, since the sellers are taking a breather, the buyers are utilizing […]
EURCHF Analysis – October 4 EURCHF Buyers have seized control of the market. This is yet another attempt by the buyers to bring the price back up to a respectable key level. This is not the first time trying to pump the market. However, this attempt seems different simply because the current pair has been […]
EURCHF Analysis – September 27 EURCHF weakens and plunges to a new depth. The buyers have been trying to beef up the price in recent times, therefore driving against the bearish trend. This agenda was only as successful as far as the 0.97200 resistance level. After failing to bypass this level, the market weakens and […]
EURCHF Analysis – August 30 EURCHF stems the bearish tide that has befallen the market in recent times using the 0.96140 critical level. Incidentally, on the 23rd of August, the market dropped below this critical level to record its lower price level ever. However, the buyers see the 0.96140 critical level as a more stable […]
EURCHF Analysis – August 23 EURCHF dips to its lowest level ever, which is just a marginal distance from its previous all-time low at 0.96140. It happened after the sellers maintained their aggression to shrug off attempts by the buyers to balance the market. There is now a temporary stop at the new lowest level […]
