Forex corner: EURCHF up, GBPUSD down - 28 March 2023

Mar 28, 2023

EURCHF - A new 20 week cycle upswing is driving price higher.

  1. Price is lifting out of a 20 week cycle trough and the 20 day FLD projection into the 20 and likely 40 day cycle peak is 1.013.  It looks like the 20 day cycle trough just came in early, which is bullish.

Christopher Grafton CMT

Chris has been involved in the markets for 20 years. He is the author of Mastering Hurst Cycle Analysis and is an experienced working technician. Chris holds the CMT qualification.