Market Analysis – EURUSD Conforms to an Inverted Cup and Handle Pattern to Go Lower The bears employ an inverted cup and handle pattern to plunge EURUSD. The price started the year on a high around the 1.23460 key level, but the market soon employed a tweezers top candle pattern to plunge the price …
Forex Strategies
EURCHF Has Broken Through the Flag Formation
Price Analysis – EURCHF Has Broken Its Way Out of Flag Formation EURCHF has broken through the flag formation with bullish momentum. The market began the year in a consolidation pattern, which began on November 10, 2020. By the 18th of February 2021, the price broke out and jumped from 1.0807 …
USDCHF Eventually Broke Through the 0.92300 Resistance to Continue Bullish Trend
Market Analysis – Bullish Campaign Continues as USDCHF Eventually Broke Through 0.92300 Resistance USDCHF eventually broke through the 0.92300 key level to press on with its upward drive. USDCHF began the year having sunk to the 0.87600 demand level. The last time the price was at that level was on …
