Market Analysis - May 20 EURCHF bulls have just overcome a major hurdle that has delayed the market ascent beyond 0.9840 for over a month. After three attempts, the bulls successfully enforced a breakout towards 1.0000. Key Levels for EURCHF Supply Levels: 0.9840, 1.0000, 1.0080Demand Levels: …
EURUSD Establishes a Bullish Reversal
Market Analysis: EURUSD Witnessed a Successful Bullish Breakout EURUSD bulls have seized market control with a breakout from a falling wedge on the daily timeframe. The upward direction has been further confirmed with the break of the last supply zone of 1.0890. EURUSD Key Levels Demand …
GBPUSD Clinches More Profits Ahead of the Fed’s Speech
The poor performance of the USD in recent times has assisted GBPUSD, as well as some other FX pairs, in printing considerable profits. Late last week, the USD seemed to stabilize a bit, increasing the difficulty of printing additional price increases. It appears that the Fed's speaker has been …
