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Found 2 results

  1. Eur/CHF: Bullish (buy) EurCHF: The pair is rebounding from the maximum support of 1.05023 levels and therefore it is preferable to buy from those levels according to the conditions to be mentioned: EurCHF respects the levels of support indicated and rises every time it reaches it where there are candles (Price Action) represented by candles indicating the ascent appear on time frame four hours and the hour and with a very strong selling saturation when Stockastic Oscillator and RSI | Mention it above and take a buy back from another support level at 1.05023-1.06005 The condition of the appearance of purchase signs and the areas specified is not a pending order but areas that can reach the price and then bounce and rise with the appearance of signs of buying or selling for example saturations or fluctuations or price action etc... Personally, I prefer to buy more than sell and targets on gart and with the closure of part of the contract in case of profit.
  2. The euro has been supported by ECB meeting last week's which was not negative in accordance with market expectations and saw further support due to the rise in the selling on the dollar following the improved risk appetite. Eurozone inflation fell to its lowest level in more than four years, falling to a more negative than expected in September, which in turn led to heightened fears of a deflationary spiral caused by the Covid-19 . Consumer prices in 19 euro-sharing countries fell 0.3 percent year-on-year in September and 0.1 percent on a monthly basis, according to the EU Statistics Office Eurostat.
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