EURCHF Analysis – Reversal at 1.07000 Suggests the End of Its Bearish Cycle The reversal at the 1.07000 key zone may have spelled the end of the bears’ tenure. Bears began plummeting the market on the 4th of March 2021, when the price was rejected at the 1.11500 key level. This set EURCHF on a …
Money management
USDCHF Is Trading in a Downtrend Contrary to the 0.91070 Key Level
Market Analysis – 0.91070 Opposes the USDCHF as It Trades in a Downtrend USDCHF is trading in a downtrend and is being opposed by the 0.91070 demand zone. This comes after the price had overcome confinement of between 0.90350 and 0.89460 to surge up. Price rose almost 3% in just three days to reach …
GBPJPY Bulls Exert Upward Pressure to Break the 151.500 Resistance
GBPJPY Analysis - Bulls Exert Strength by Breaking 151.500 With Upward Pressure GBPJPY bulls exert upward pressure to demonstrate strength in the market. There has been a real tussle for market dominance, with bears generally having the upper hand. As for buyers, they have used the 149.640 weekly …