Prior to the bullish breakout, the D2TUSD market had undergone a period of consolidation characterized by candlesticks displaying significant upper and lower shadows. This observation implies active participation from both the demand and supply sides. The bullish momentum started to assert dominance …
Forex Strategies
EURCHF Holds Steady Despite Buyers’ Gains
EURCHF Analysis: Price Moves on the Sidelines The EURCHF currency pair has maintained its position without significant directional movement. Both buyers and sellers reserve their strengths for long durations. EURCHF Key Levels Resistance Levels: 1.0000, 0.98420Support Levels: 0.96700, …
USDCHF is Yet to Make a Serious Move
USDCHF Analysis - Buyers Lack Enough Drive USDCHF is yet to make a serious move this week. The currency pair remains in a state of indecision, with traders hesitating to make a decisive move. While the bulls initially drove the market higher, there is now a visible pause as sell activity begins to …
