Service for copy trading. Our Algo automatically opens and closes trades.
The L2T Algo provides highly profitable signals with minimal risk.
24/7 cryptocurrency trading. While you sleep, we trade.
10 minute setup with substantial advantages. The manual is provided with the purchase.
79% Success rate. Our outcomes will excite you.
Up to 70 trades per month. There are more than 5 pairs available.
Monthly subscriptions begin at £58.
Market Analysis – June 14
EURCHF has witnessed a significant surge in price, surpassing the bearish wedge displayed on the daily chart. This sudden upward movement indicates the commencement of an uptrend.
EURCHF Key Levels
Support zones: 0.9700, 0.9600, 0.9500
Resistance zones: 0.9800, 0.9850, 0.9900
EURCHF Long-term Trend: Bullish
After experiencing multiple rejections at the support level of 0.980, as indicated by the presence of wicks below the body of daily candles, the market rose to a level beyond the bearish swing witnessed in the first two weeks of March. The confirmation of a double top pattern by the Stochastic indicator, indicating overbought conditions, led to a subsequent price decline and the formation of a falling wedge.
A double bottom pattern has now emerged, with each swing low occurring in the oversold region according to the Stochastic indicator. The breakout from the neck of this double-bottom pattern suggests a reversal in the prevailing trend.
EURCHF Short-term Trend: Bullish
In the 4-hour timeframe, there is a clear change in the market structure. The Stochastic indicator is currently in overbought territory, indicating the possibility of a retest of the falling wedge, which could further stimulate buying pressure.
Do you want to take your trading to the next level? Join the best platform for that here
- Broker
- Min Deposit
- Score
- Visit Broker
- 20% welcome bonus of upto $10,000
- Minimum deposit $100
- Verify your account before the bonus is credited
- Award-winning Cryptocurrency trading platform
- 14 Cryptoassets available to invest in
- FCA & Cysec regulated
Highly volatile unregulated investment products. No EU investor protection.
- Over 100 different financial products
- Invest from as little as $10
- Same-day withdrawal is possible
- Award-winning Cryptocurrency trading platform
- $100 minimum deposit,
- FCA & Cysec regulated
- Fund Moneta Markets account with a minimum of $250
- Opt in using the form to claim your 50% deposit bonus
