LeoPrime Daily Market Analysis

We are a forex and commodities intermediary that accommodates
wide-ranging trading services to create the most user-friendly trading environment..

EURCHF reversed from 1.08700 support zone; Likely to rise to 1.09500

EURCHF today reversed up from the support zone lying between the key support level 1.08700 (low of the previous Morning Star from November, which has been reversing the price from October) and the lower daily Bollinger Band. The upward reversal from this support zone stopped the earlier short-term impulse wave 3 from the start of December. EURCHF is likely to continue to rise toward the next resistance level 1.09500.

Company Info

We are a forex and commodities intermediary that accommodates wide-ranging trading services to create the most user-friendly trading environment for both retail and institutional clientele. With years of gathered expertise as experience, we are not just invested in keeping up with the latest but also in generating custom solutions that are executable swiftly. Discover and flourish in our business model that has evolved to meet the skills of ace and naïve of a tyro with equal proficiency. If you’re looking to make the choice, then wait no further.