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 …
Price Action Charts in Focus
USDCHF Eventually Broke Through the 0.92300 Resistance to Continue Bullish Trend
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 …
EUR/JPY Finds Support above Level 131.00, Resumes Upward Move
EUR/JPY Long-Term Analysis: BullishEUR/JPY pair is in an upward move. In the first uptrend, the currency pair was resisted at level 132.50. The market declines to resume a fresh uptrend. The upward move will resume if price clears the initial resistance at Level 132.50. Meanwhile, on June 23 …