Market Analysis – Price Slumps as EURUSD Fails To Hold Above 1.18400 Support Level EURUSD fails to capitalize on its breakout from a descending wedge and price has now dropped back to the upper border of the wedge. The wedge was formed after EURUSD was rejected at 1.21460. Price dropped 2.50% in 3 …
Forex Strategies
EURCHF Consolidation Will Come Before Further Market Decisions
Price Analysis – Market Direction Will Be Determined After EUCHF Consolidation EURCHF consolidation is next on the market’s agenda after plunging to below 1.07400. Over the past 5 months, EURCHF general direction has been downward. But the downward movement have had many events happen along it. …
USDCHF Drowns Below 0.91300; Price to Keep Going Down?
Market Analysis – Price Falls Below 0.91300 as USDCHF Drowns USDCHF drowns below 0.91300 after it yielded to bearish influence. The market had an upsurge that rose to 3% from the 16th of June 2021. At the end of this upsurge, the price immediately began conforming to a ranging position. The 0.91300 …
