GBP/USD Forecast: Potential Correction and Price Rise Ahead?
The price of British pound has dropped. Now, it is trying to undergo correction. Should the price of this asset rise, the currency pair GBP/USD will have to potentially face resistance at the levels...
Market Spotlight: CHF Soars On Surprise SNB Hike
SNB SurpriseThe Swiss Franc has exploded higher today following a shock rate hike from the SNB. The market was widely expecting the SNB to leave rates at -0.75%, the lowest in the world. However, the...
EURCHF, H4 | Potential Bullish Momentum
Type: Bullish BounceKey Levels:Resistance: 1.04951Pivot: 1.03379Support: 1.02459Preferred Case:On the H4, with prices moving above the ichimoku indicator, we have a bullish bias that price will rise...
EURCHF H4 | Potential For A Drop
Type: Bearish ReversalKey Levels:Resistance: 1.02414Pivot: 1.01996Support: 1.01906Preferred Case:With price moving below the Ichimoku cloud, we have a bearish bias that price will drop from our pivot...
EURCHF H4 | Potential For A Drop
Type: Bearish ReversalKey Levels:Resistance: 1.03811Pivot: 1.02024Support: 0.99818Preferred Case:With price moving below the Ichimoku cloud, we have a bearish bias that price will drop from our pivot...
EURCHF, H4 Potential For Bounce
Type: Bullish BounceKey Levels:Resistance: 1.02015Pivot: 1.01277Support: 1.01092Preferred Case:Prices are at a pivot. We see the potential for a bounce from our Pivot at 1.01277 which is an area of...
EURCHF, H4 | Potential Bullish Momentum
Type: Bullish BounceKey Levels:Resistance: 1.0509Pivot: 1.04178Support: 1.04047Preferred Case:Price broke out of the descending trendline resistance on the daily, signifying an overall bullish...
EURCHF, H4 | Potential For Reaction
Type: Bearish ReversalKey Levels:Resistance: 1.0542Pivot: 1.05247Support: 1.04683Preferrence:Prices are approaching a daily Pivot. We see the potential for a short from our Pivot at 1.05247 in line...
EURCHF, H4 | Bearish Continuation
Type: Bearish ReversalKey Levels:Resistance: 1.04074Pivot: 1.03829Support: 1.03317Preferred Case:Price is abiding to the descending trendline resistance, signifying an overall bearish momentum. We can...
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