Price Analysis – EURUSD Is Facing a Fight to Plunge EURUSD is facing a real obstacle that is preventing it from falling. The obstacle is in the shape of a weekly support zone that lies between 1.17850 and 1.17100 key levels. The market has found it very hard to break through the zone in previous …
Market Analysis – EURCHF Is Set to Continue Downward Having Bounced Off Its Trend Line EURCHF has bounced off its bearish trend line in a consolidation formation. The price has been downsloping since reaching a height of 1.11500 on the 4th of March 2021. The upward movement was a result of a surge …
Market Analysis – USDCHF Fails to Bypass the 0.92000 Resistance USDCHF fails to continue the bullish movement and presents a tweezer top candle formation to go lower. The market has similarly presented a tweezer top candle formation at 0.92400 supply level on the 18th of June 2021. What followed …
