USDCHF Analysis - The Market’s Support Block Has Been Broken Down USDCHF market's support block has been broken to the downside. This may signal the end of the bullish regime. The bulls have been testing the resistance level at 1.00000 and have been thus far unsuccessful. Hence, the pressure is now …
Chinese yuan failed to make much progress at the start of this week. This is because, the data showing rising exportation over the weekend was nullified by the anticipation of more aggressive tightening by the US.The surprise acceleration of US employment growth in July increased market expectations …
EURCHF Analysis - The Market Remains Bearish EURCHF market trend remains bearish. Until the 7th of March, 2022, the market order flow had been bearish. After the previous support at 1.0510 was broken, the bears could not keep driving the prices downward until a fake-out turned the previous support …
