EURCHF Bounces up Upon Reaching Support at Confluence Zone EURCHF resumes uptrend after a dive into the support zone. The market experienced a major trend reversal on the 18th of May 2020. This was seen with a large bullish engulfing candle on the daily chart. The bulls aimed for a higher price but …
USDCHF Breaks Out of Ranging Market Above Resistance Zone USDCHF has aggressively defiled the resistance zone and therefore breaks out in the market. The market has experienced a decline in price since the start of the second quarter of the year. A bearish candle initiated the market dive after …
Market Analysis - GBPJPY Is Currently in a Correction Phase After a Bullish Breakout GBPJPY impulsive bullish move is expected to follow the current correction phase. The market has continuously posted higher lows and higher highs. The bulls have aggressively been pushing GBPJPY higher. This is …
