EURCHF Endures Bearish Pressure EURCHF has been enduring a bearish pressure since the 4th of March 2021 when the price hit a year high of 1.11500. Just before then, the market had experienced a major pump in price. Price jumped from 1.07830 to 1.11030 key level. There was then a pullback below the …
Forex Strategies
USDCHF Cup and Handle Reversal Pattern Set to Shoot Price Upwards
USDCHF Market Analysis – Cup and Handle Reversal Pattern USDCHF has formed a cup and handle reversal pattern. This means that the bulls are set to end the reign of the bears and shoot the price back upwards. The bears had initially plunged the market. This can be seen in consecutive bearish candles …
GBPJPY Responds to Potential Rejection at 156.570 Resistance Level
GBPJPY key Zones Resistance Zones: 156.570, 160.000Support Zones: 148.830, 144.700 GBPJPY Confronts Rejection GBPJPY is set to face rejection at 156.570 resistance level which coincides with the upper border of an ascending parallel channel. The market began its upwards movement in the parallel …
