The pair is in a broad consolidation pattern below 1.4580 resistance area and current sell-off from 1.4550 is expected to be the final slide to complete that pattern. Technical indicators on the larger frames are neutral and trading is situated below the 50 and 200 daily SMAs, currently projected at 1.4301 and 1.4020.
Yesterday's rise broke through 1.3840 resistance and reached a local high at 1.3936. The uptrend from 1.3490 is still intact with a crucial level at 1.3703, but the intraday bias is negative and I expect further depreciation towards 1.3630 and 1.3440. Intraday resistance comes at 1.3830, followed by the crucial 1.3877. An eventual break above the latter will switch the bias back to bullish.
The pair is in a broad consolidation pattern below 1.4580 resistance area and current sell-off from 1.4550 is expected to be the final slide to complete that pattern. Technical indicators on the larger frames are neutral and trading is situated below the 50 and 200 daily SMAs, currently projected at 1.4301 and 1.4020.
The downtrend from 1.3940 is still intact, targeting 1.3555, en route to 1.3240. Initial resistance is projected at 1.3750 and crucial on the upside is 1.3800.
The pair is in a broad consolidation pattern below 1.4580 resistance area and current sell-off from 1.4550 is expected to be the final slide to complete that pattern. Technical indicators on the larger frames are neutral and trading is situated below the 50 and 200 daily SMAs, currently projected at 1.4301 and 1.4020.
A local bottom has been set at 1.3589 and current rebound is to be considered corrective in nature, preceding next slide towards last week's low at 1.3490. The intraday bias is positive, well supported at 1.3645, but any upward attempt should be capped below 1.3770 major resistance area.
The pair is in a downtrend from 1.6616 high. Technical indicators are descending and trading is situated below the 50- and 200-day SMA, currently projected at 1.6209 and 1.6098.
Yesterday's sell-off from 1.5690 filled my first target at 1.5512 and the bias continues to be negative for the major support area above 1.5335. Crucial from an intraday point of view is 1.5501.
The overall downtrend continues to be intact, aiming at new historical lows below 75.95. Technical indicators are still descending and crucial resistance on the daily frame is 80.20.
The consolidation pattern above 76.11 is close to completion and I favor a break through 75.95 for 74.20. Crucial resistance on the upside remains 77.33.
The pair is in a downtrend from 1.6616 high. Technical indicators are descending and trading is situated below the 50- and 200-day SMA, currently projected at 1.6209 and 1.6098.
Yesterday's rise filled my reversal target at 1.5593 and current intraday bias is negative, heading for a test of 1.5497 support. A break below the latter will state, that a top is in place and will set the focus back at 1.5330 low.
The pair is in a broad consolidation pattern below 1.4580 resistance area and current sell-off from 1.4550 is expected to be the final slide to complete that pattern. Technical indicators on the larger frames are neutral and trading is situated below the 50 and 200 daily SMAs, currently projected at 1.4301 and 1.4020.
Yesterday's break above 1.3570 resistance area signals, that the uptrend from 1.3361 low is still intact and current outlook remains positive for 1.3798, en route to 1.3940. Crucial on the downside is 1.3479. Minor intraday support is projected at 1.3595.
The pair is in a downtrend from 1.6616 high. Technical indicators are descending and trading is situated below the 50- and 200-day SMA, currently projected at 1.6209 and 1.6098.
Still in the consolidation pattern below 1.5716 and my outlook remains positive, for 1.5904. The intraday bias is still negative and a break above 1.5630 resistance area is needed to confirm a change in direction.
The pair is in a downtrend from 1.6616 high. Technical indicators are descending and trading is situated below the 50- and 200-day SMA, currently projected at 1.6209 and 1.6098.
The downtrend from 1.5716 remains intact and current outlook is negative for 1.5330 low with a crucial level at 1.5465. Minor resistance is projected at 1.5420.
The pair is in a downtrend from 1.6616 high. Technical indicators are descending and trading is situated below the 50- and 200-day SMA, currently projected at 1.6209 and 1.6098.
Yesterday's slide bottomed at 1.5338, few pips above the previous low, in attempt to test the lower boundary of the range since 23rd of September. Current outlook is positive for a break through 1.5550, en route to 1.5716 and crucial support on the downside is 1.5410.
The pair is in a broad consolidation pattern below 1.4580 resistance area and current sell-off from 1.4550 is expected to be the final slide to complete that pattern. Technical indicators on the larger frames are neutral and trading is situated below the 50 and 200 daily SMAs, currently projected at 1.4301 and 1.4020.
Yesterday's minor sell-off bottomed above 1.3230 crucial support and current outlook is bullish for 1.3540 dynamic resistance. Initial intraday support is projected at 1.3480-90 and crucial on the downside is 1.3240.
The pair is in a broad consolidation pattern below 1.4580 resistance area and current sell-off from 1.4550 is expected to be the final slide to complete that pattern. Technical indicators on the larger frames are neutral and trading is situated below the 50 and 200 daily SMAs, currently projected at 1.4301 and 1.4020.
Friday's test of the dynamic resistance, projected at 1.3527 failed, but after a brief pullback to 1.3356, the uptrend was renewed and current bias is positive for 1.3690 high. Initial support comes at 1.3515 and crucial on the downside is 1.3420 area.
The pair is in a broad consolidation pattern below 1.4580 resistance area and current sell-off from 1.4550 is expected to be the final slide to complete that pattern. Technical indicators on the larger frames are neutral and trading is situated below the 50 and 200 daily SMAs, currently projected at 1.4301 and 1.4020.
Yesterday's rise filled my target at 1.3690 and the reversal at that level marks the beginning of a consolidation pattern before next upswing towards 1.3950 major resistance. The intraday outlook is negative, for a slide towards 1.3515 support area.
The pair is in a broad consolidation pattern below 1.4580 resistance area and current sell-off from 1.4550 is expected to be the final slide to complete that pattern. Technical indicators on the larger frames are neutral and trading is situated below the 50 and 200 daily SMAs, currently projected at 1.4301 and 1.4020.
The corrective pattern below 1.3698 looks complete and the fact, that yesterday's slide failed to dip precisely to 1.3515-20 support area, reveals strength of the current uptrend, so my outlook remains absolutely positive for 1.3790, en route to 1.3950.
The pair is in a downtrend from 1.6616 high. Technical indicators are descending and trading is situated below the 50- and 200-day SMA, currently projected at 1.6209 and 1.6098.
I think, that the slide from yesterday's high at 1.5800 is corrective and precedes next advance towards 1.5880 target area. The outlook on the minute frames is negative, with a resistance at 1.5723 and crucial level at 1.5753. Intraday support is to be found at the dynamic projection around 1.5655.
The pair is in a broad consolidation pattern below 1.4580 resistance area and current sell-off from 1.4550 is expected to be the final slide to complete that pattern. Technical indicators on the larger frames are neutral and trading is situated below the 50 and 200 daily SMAs, currently projected at 1.4301 and 1.4020.
Yesterday's corrective slide precisely tested the support area at 1.3680-90 and now the uptrend is to be renewed, for a break through 1.3833 high, towards my main target at 1.3950. Minor intraday support is projected at 1.3723.
The pair is in a downtrend from 1.6616 high. Technical indicators are descending and trading is situated below the 50- and 200-day SMA, currently projected at 1.6209 and 1.6098.
Slowly advancing towards 1.5890 key reversal area and initial intraday support is seen at 1.5784, followed by 1.5720. Expect a spike high to 1.5870-90 before reversal and slide towards 1.5495.
The pair is in a broad consolidation pattern below 1.4580 resistance area and current sell-off from 1.4550 is expected to be the final slide to complete that pattern. Technical indicators on the larger frames are neutral and trading is situated below the 50 and 200 daily SMAs, currently projected at 1.4301 and 1.4020.
As expected, the pair reversed below 1.3950 resistance area, confirming that the whole uptrend from 1.3145 is over and current bias is already negative for 1.3510. Minor intraday resistance is projected at 1.3730 and crucial on the upside is 1.3788.
The pair is in a downtrend from 1.6616 high. Technical indicators are descending and trading is situated below the 50- and 200-day SMA, currently projected at 1.6209 and 1.6098.
A local bottom has been set at 1.5631 and current rebound is to be considered corrective in nature, preceding next wave downwards, to 1.5495 major support. Resistance can be spotted at 1.5822 and initial support on the lower frames is 1.5684.
The pair is in a broad consolidation pattern below 1.4580 resistance area and current sell-off from 1.4550 is expected to be the final slide to complete that pattern. Technical indicators on the larger frames are neutral and trading is situated below the 50 and 200 daily SMAs, currently projected at 1.4301 and 1.4020.
I think, that the consolidation pattern below 1.3915 is not over yet and one more sell-off is to be expected, so my outlook is negative, for 1.3652, en route to 1.3520. Dynamic resistance is projected at 1.3830 and crucial on the upside is 1.3869.
