Janet Yellen, the U.S. Treasury Secretary, is still very optimistic about the implementation of President Joe Biden’s 4 Trillion Dollars budget plan. She says whatever inflation it may give rise to is beneficial for the country. President Joe Biden Pandemic Stimulus Budget The U.S. Presidency has …
Price Action Charts in Focus
Bearish Pressure on EURCHF Positions It for More Downside
EURCHF Endures Bearish Pressure EURCHF has been enduring a bearish pressure since the 4th of March 2021 when the price hit a year high of 1.11500. Just before then, the market had experienced a major pump in price. Price jumped from 1.07830 to 1.11030 key level. There was then a pullback below the …
USDCHF Cup and Handle Reversal Pattern Set to Shoot Price Upwards
USDCHF Market Analysis – Cup and Handle Reversal Pattern USDCHF has formed a cup and handle reversal pattern. This means that the bulls are set to end the reign of the bears and shoot the price back upwards. The bears had initially plunged the market. This can be seen in consecutive bearish candles …
