Price Analysis – EURCHF Have Gradually Plunged to 1.08250 in 100 Trading Days Bears have gradually plunged EURCHF back to its initial breakout point at the 1.08230 key level. On the 19th of February 2021, bulls escaped a mini-market consolidation to shoot price up from the 1.08250 support. The …
Forex Strategies
USDCHF Forms an Ascending Triangle Pattern; Price to Break Upwards or Downwards?
Price Analysis – Break Out Imminent as USDCHF forms an Ascending Triangle Pattern USDCHF forms an ascending triangle to push price out of consolidation. Bulls' attempt at redirecting the market has thus far hit a bulwark. The price sprang up after bears brought it down to 0.89300 resistance. Buyers …
Will the 149.640 Support Zone Keep GBPJPY From Sinking Deeper?
Price Analysis – 149.640 Momentarily Keeps GBPJPY From Sinking Deeper The 149.640 support zone has halted GBPJPY from sinking deeper. The fall of price began on the 28th of May 2021 when the market reached the 156.000 key level. The last time GBPJPY reached this height was in February 2018. Sellers …
