Market Analysis – Price rebounds off its falling wedge pattern and guns for higher prices. EURUSD guns for higher prices after it falls back to retest the upper border of the falling wedge pattern. The bulls have now used the falling wedge chart pattern properly to their advantage to cause a market …
Forex Strategies
EURCHF Is Set for Another Run-in With the Bears
EURCHF Analysis – Price Is Set for Another Bearish Round EURCHF is set for another bearish run-in after the latest move by sellers in the market. Price has been in a downward spiral since attaining a market level of 1.11500 on the 4th of March 2021. The market has been trading predominantly in the …
USDCHF Breaks to the Upside After Tapering Down Its Triangle Formation
USDCHF Analysis - Price Tapers Down in a Triangle Formation and Breaks to the Upside USDCHF breaks to the upside successfully after tapering down in a triangle formation for several months since the beginning of the year. The pattern started when price fell to 0.87600 on the 6th of January 2021. …
