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 …
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 …
Price Analysis – GBPJPY Is Recovering From Its Fall off Its Parallel Channel’s Middle Line GBPJPY is recovering after it was rejected by the centerline of its parallel channel. The market has generally been undulating in an ascending parallel channel. This started on the 15th of February 2021.The …
