Forex Bitcoin Forum

Bitcoin Forex Forum

  • Forex Games
  • Forum
  • Dear friends! All bonus programs on the forum are temporarily suspended.       If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below.      
      Dear friends! All bonus programs on the forum are temporarily suspended.       If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below.      
    Results 1 to 1 of 1

    Thread: EUR/CHF: Failure to cross 1.0010/1.0040 resistance zone would mean persistence in con

    1. #1 Collapse post
      sxvr is offline
      Junior Member sxvr's Avatar
      Join Date
      Oct 2022
      Posts
      5
      Thanks
      0
      Thanked 1 Time in 1 Post
      SubscribeSubscribe
      0

      EUR/CHF: Failure to cross 1.0010/1.0040 resistance zone would mean persistence in con

      Share:
      Share on Twitter
      Share on Facebook
      Copy to clipboard
      EUR/CHF has rebounded after retesting last November's low of 0.9710/0.9670. The pair must surpass the 1.0010/40 resistance zone to enjoy further gains, analysts at Société Générale report.

      Break of 0.9710/0.9670 to result in an extended decline
      “Daily MACD posted negative divergence and has dipped below equilibrium line denoting lack of steady upward momentum.”

      “The pair is now challenging the 50-DMA; multi month trend line at 1.0010/1.0040 remains a crucial resistance zone. Failure to cross this would mean persistence in consolidation.”

      “Break of recent trough near 0.9710/0.9670 is likely to result in an extended decline.”

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


    2. The Following 1 Users Say Thank You to sxvr For This Useful Post:

      Unregistered (1 )

    Tags for this Thread

    Posting Permissions

    • You may not post new threads
    • You may not post replies
    • You may not post attachments
    • You may not edit your posts
    •