EURCHF Analysis - Bearish Momentum Reduces Due to Lateral Movement EURCHF lateral movement has helped to stem the tide of the sellers. The market crashed to the 1.05300 demand level on the 1st of November with much momentum. However, buyers have successfully repressed the momentum using the demand …
Forex Strategies
USDCHF Bounces off an Impervious Significant Support Level
USDCHF Analysis - Price Bounces off the 0.91070 Support USDCHF bounces off an impenetrable support level at 0.91070. Price has been trending downward since forging into a market reversal pattern. Hence, the market drops to 0.92190. A short spell ensued before the market plunged deeper to 0.91570. …
GBPJPY Drops Lower but Finds Respite Above a Critical Support Level
GBPJPY Analysis - Price Drops Lower but Takes a Break at 152.580 GBPJPY drops lower as it keeps sliding down from a channel. A downtrend effectively began as the market hit a price bulwark at 157.890, which is a 5-year market high. GBPJPY began to fall under the weight of bearish pressure, making …
