Japan’s economic condition worsened more than anticipated over the last quarter, highlighting the need for the Japanese government to set up a stimulus project to boost the economy from the COVID-19 inflicted woes.In the second quarter, the country’s GDP decreased by an annual 3% from the first …
Money management
EURCHF Lateral Movement Represses Bearish Momentum
EURCHF Analysis - Bearish Momentum Reduces Due to Lateral Movement EURCHF lateral movement has helped to stem the tide of the sellers. The market crashed to the 1.05300 demand level on the 1st of November with much momentum. However, buyers have successfully repressed the momentum using the demand …
USDCHF Bounces off an Impervious Significant Support Level
USDCHF Analysis - Price Bounces off the 0.91070 Support USDCHF bounces off an impenetrable support level at 0.91070. Price has been trending downward since forging into a market reversal pattern. Hence, the market drops to 0.92190. A short spell ensued before the market plunged deeper to 0.91570. …