EURUSD Analysis - Price Defies Several Significant Levels to Keep Plunging EURUSD defies several key levels as it keeps plunging to keep up its bearish momentum. The EURUSD recently hit the upper border of its downtrend channel and then maintained above the 1.15210 level before crashing down to the …
Forex Strategies
EURCHF Lateral Movement Represses Bearish Momentum
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 …
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. …