EURUSD Analysis - Price is approaching a downtrend as it rebounds from 1.19090 EURUSD is approaching a downtrend as the price is assumed to make a rebound at the 1.19090 key level. This level, however, is seen to have been retested twice. The downtrend phase started when the price first breaks …
Forex Strategies
The Reversal at Key Zone Signals the End of the Bearish Cycle for EURCHF?
EURCHF Analysis – Reversal at 1.07000 Suggests the End of Its Bearish Cycle The reversal at the 1.07000 key zone may have spelled the end of the bears’ tenure. Bears began plummeting the market on the 4th of March 2021, when the price was rejected at the 1.11500 key level. This set EURCHF on a …
USDCHF Is Trading in a Downtrend Contrary to the 0.91070 Key Level
Market Analysis – 0.91070 Opposes the USDCHF as It Trades in a Downtrend USDCHF is trading in a downtrend and is being opposed by the 0.91070 demand zone. This comes after the price had overcome confinement of between 0.90350 and 0.89460 to surge up. Price rose almost 3% in just three days to reach …
