The intraday bias is negative after yesterday's local high at 1.5750 and there is a risk of one more test around 1.5620 support area. The outlook on the senior frames remains bullish, for 1.5850-90.
Yesterday's slide was reversed at 1.5564 and current intraday bias is positive, for a rise through 1.5750, en route to 1.5870. Crucial on the intraday frames is 1.5614 low.
Yesterday's break below 1.3380 intraday support, followed by a massive sell-off through 1.3324 crucial low, signals a reversal of the whole uptrend from 1.2795. Current bias is negative, for a slide towards 1.3174 support area. Initial minor resistance is projected at 1.3301, followed by 1.3340.
The bias here continues to be positive, for a rise towards 99.00 resistance zone. Minor intraday support is projected at 97.50, followed by the key area around 96.70.
The bias here remains negative and the downtrend from 1.3414 is absolutely intact, heading towards 1.2950 support zone. Minor intraday resistance is projected at 1.3110, followed by the key static area around 1.3170.
The break through the trend line around 1.3110 signals a positive bias, for a rise through 1.3170, en route to 1.3255. Crucial on the downside is 1.3057 low.
Although the downtrend has been renewed after yesterday's rebound to 1.3150, my outlook here is counter-trend, for a reversal and a rise towards 1.3170 and 1.3255. Trigger on the upside is 1.3110 intraday resistance.
The bias here is still bearish below 1.3055 intraday resistance, but my outlook is counter-trend, for a break through the mentioned area and a rise towards 1.3170. Initial support on the downside is 1.2950, followed by the dynamic projection at 1.2870.
The intraday outlook is positive above 1.3050 support area, heading for a break through 1.3110, en route to 1.3170. Crucial on the downside is 1.2998 low.
The bias here remains negative after Friday's unsuccessful test of 1.3110 resistance area, and the focus is set on 1.2880 support area. Crucial on the upside is 1.3103 high.
The uptrend here is intact and there is a risk of one more upswing to 101.30 before reversal and drowning towards 98.70. Initial intraday support is projected at 100.44, followed by the major hurdle at 99.90.
Most of the traders covered their short positions in front of the observance of Independence day, provoking a significant rebound above 1.2924 low. The bias is slightly bullish above 1.2985 minor support, for a rise through 1.3030, en route to 1.3150.
Yesterday's break through 1.2986 static support signaled a renewal of the downtrend and current bias is negative below 1.2930 resistance, for a slide through the dynamic projection at 1.2880, en route to 1.2750 low.
The downtrend here is still intact, currently consolidating after last week's low at 1.2802 and a final slide to 1.2750 low should be expected before larger corrective pattern for 1.2930 break-out area. Initial intraday resistance is projected at 1.2868, followed by the crucial high at 1.2896.
A broad consolidation pattern is underway above 1.4844 low, heading for a test of 1.5020 initial resistance area. A break through the latter will set the focus on 1.5130 zone. On the downside, 1.4915 guards the positive bias.
Yesterday's slide from 1.2897 has tested 1.2750 support area and current intraday bias is slightly positive, for an attempt at 1.2840 minor resistance, en route to 1.2930-50 key zone. Crucial on the downside is 1.2750 area, as a violation of that level will expose 1.2650 region.
The intraday outlook is negative after yesterday's high at 1.3205 and current slide will target 1.3020 support area, before one more rise towards 1.3260 area. Key support zone on the downside is projected at 1.2946.
The pattern above 98.20 is obviously a corrective one and while trading takes place below 99.60 resistance area, the outlook here will be negative, for a slide towards 96.90.
