Tag: EURCHF

• EURCHF reversed from resistance level 1.0356• Likely to fall to support level 1.0200 EURCHF currency pair recently reversed down strongly from the pivotal resistance level 1.0356 (which has been reversing the price from end of December). The downward reversal from the resistance level 1.0356 stopped the earlier impulse waves (i) and (C). Given the […]

• EURCHF broke key support level 1.020• Likely to fall to support level 1.01 EURCHF currency pair recently broke the key support level 1.020 (which has been reversing the pair from the start of March). The breakout of the support level 1.020 coincided with the breakout of the 50% Fibonacci correction of the upward ABC […]

• EURCHF broke support area• Likely to fall to support level 1.000 EURCHF continues to fall after the earleir breakout of the support area located between the key support level 1.0200 and the support trendline of the daily down channel from last September. The breakout of this support area accelerated the active impulse waves 3 […]

• EURCHF broke key support level 1.0300• Likely to fall to support level 1.0200 EURCHF currency pair under the bearish pressure after the earlier breakout of the key support level 1.030 (which has been reversing the pair from the end of January). The breakout of the support level 1.030 accelerated the active impulse waves 3 […]

• EURCHF broke support area • Likely to fall to support level 1.0320. EURCHF currency pair recently broke the support area located between the key support level 1.0430 (former top of wave A from the end of January) and the 50% Fibonacci correction of the previous ABC correction (4). The breakout of this support area […]

• EURCHF reversed from support level 1.031 • Likely to rise to resistance level 1.0450 EURCHF currency pair recently reversed up from the key support level 1.031 (previous low of wave (1) from the end of December), intersecting with the lower weekly Bollinger Band. The upward reversal from the support level 1.031 created the daily […]

• EURCHF reversed from support zone • Likely to rise to resistance level 1.040 EURCHF currency pair recently reversed up from the support zone lying at the intersection of the key support level 1.0335 (which stopped the previous minor impulse wave 1) and the lower daily Bollinger Band. The upward reversal from this support zone […]