EURCHF Analysis - Price Breaks Free From the Bearish Reaction at the 1.08700 Resistance EURCHF breaks free of the 1.08700 key level after holding on for 6 trading days. The bullish market was put under duress at the 1.08700 resistance, which threatened to curtail its impressive rally. Price had …
Forex Strategies
USDCHF Falls Back as It Continues to Rally Up
USDCHF Analysis - Price Falls Back as the Market Approaches a Trend Line USDCHF falls back despite being in an uptrend movement. As the market continues to rally, a pullback is inevitable. The sellers will push the price to fall back before we can expect a rally. The price has been reacting on a …
GBPJPY Upward Momentum Is Being Repressed at 152.580
GBPJPY Analysis - Market Upward Momentum Is Being Repressed Below the Downtrend Line GBPJPY upward momentum is being repressed after it hits the 152.580 key level. Sellers have finally found a way to curtail the strong bullish momentum of the market at this level. Price had released bearish …
