EURCHF Analysis - The Market Has Resumed Its Bearish Trend on EURCHF EURCHF has resumed a bearish trend after a long-term consolidation. The bears have broken the demand level at $1.010 and reached $0.980. EURCHF Major Levels Resistance levels: $1.090, $1.050 Support levels: $1.010, …
Forex Strategies
NZDUSD Buy Traders Heads Back Towards Market Stronghold
NZDUSD Analysis: Buy Traders Heads Back Towards the 0.62030 Key Zone NZDUSD buy traders head back towards one of the market's strong clasps. The price tendency is now trading back to the 0.62030 key zone even though the overall strength of the New Zealand price indicates a bearish propensity. The …
EURUSD Continues to Range in a Descending Channel
EURUSD Analysis - The Market Continues to Range in a Descending Channel The EURUSD market continues to range in a descending channel. Due to the accumulation of sell orders around the April 2018 supply zone, the EURUSD market has been in a downtrend since January 4, 2021. The market has been …