MasterForex Trend analysis of currency pairs and Comments (Updated daily)

Trend analysis of the GBPUSD for 12/10/24

GBPUSD

On the 4-hour chart:

24.10_t_gu4.gif


The pair moves between the lines 1 and 2. The break through the level 1.6005 was a signal for opening of short positions and a confirmation of the continuation of the trend. As well, the dynamics in the channel between the lines 3 and 4 is continuing. The Moving Averages show a bearish trend.

On the 1-hour chart:

24.10_t_gu1.gif


The price broke the level 1.6005 and dropped to the support level 1.5930 in the middle of Tuesday. The price recoiled to the resistance level 1.5955 to the beginning of Wednesday. After that it had been recoil to the resistance line 2. The Moving Averages confirm the slowdown of the bearish trend.

On the 15-minute chart:

24.10_t_gu15.gif


The pair reached the resistance line of the bearish channel 2 and the level 1.5990. After that the trend continued. The price decreases now. If the level 1.5930 could be broken, traders will gain the final signal for continuation of the trend. If the pair could rebound from the level, the consolidation between the resistance line and the support level will start.
 
Trend analysis of the EURUSD for 12/10/24


EURUSD

On the 4-hour chart:

24.10_t_eu4.gif


The pair had left bullish channel between the lines 1 and 2 with the break through the support line. Moreover it had been formed a bearish channel between the lines 3 and 4. The Moving Averages show the reverse downwards.

On the 1-hour chart:

24.10_t_eu1.gif


The pair rebounded from the support level 1.2965 in the middle of Tuesday. The recoil finished near the support level 1.2990 to the end of Wednesday. After that it had been a rebound downwards and the line 2 had been formed. The break through the support level 1.2945 had been strong confirmation of the bearish trend. The Moving Averages show downward tendency.

On the 15-minute chart:

24.10_t_eu15.gif


The decrease is remaining at the moment after the rebound from the cross of the level 1.2990 and the line 2. Traders opened short positions with the target on the support line 1 after the break through the level 1.2945.
 
Trend analysis of the USDCAD for 12/10/25


USDCAD

On the 4-hour chart:

25.10_t_ucad4.gif


The pair continues the horizontal movement between the support line 1 and the resistance area 0.9941/53. The moving averages confirm the flat tendency. In case of piercing of the resistance, the pair will open the way to the level 0.9981.

On the 1-hour chart:

25.10_t_ucad1.gif


After the recoil from the support line 1, the pair returned into the corridor between the level 0.9920 and area 0.9941/53. The flat dynamics lasts for the whole week. The moving averages are showing the horizontal tendency.

On the 15-minute chart:

25.10_t_ucad15.gif


During the Asian session, the pair was demonstrating predominantly bearish dynamics. The price got close to the level 0.9920. Traders will start to buy after recoil from the mentioned support.
 
Trend analysis of the USDJPY for 12/10/25


USDJPY

On the 4-hour chart:

25.10_t_uj4.gif


The pair grew above the support line 1, recoiled from the level 79.75. The followed growth caused the piercing of the resistance level 80.10. The price is getting close to the resistance line 2. The moving averages are showing the intensive bullish trend.

On the 1-hour chart:

25.10_t_uj1.gif


The consolidation between the support level 79.75 and the resistance line finished by piercing of the later. The growth after the recoil from support helped the price to record 4-month high at 80.18. The moving averages turned upwards.

On the 15-minute chart:

25.10_t_uj15.gif


During the Asian session, the pair formed the ascending channel between the lines 1 and 2. Now the price is trying to gain a foothold above the level 80.10. Traders will continue to buy after the end of the ascending trend correction.
 
Trend analysis of the USDCHF for 12/10/25


USDCHF

On the 4-hour chart:

25.10_t_uc4.gif


Present dynamics shows the expansion of the bearish channel and the displacement of the trend line upwards from the line 2 to the line 3. In turn, the displacement of the trend line signalizes the slowdown of the decrease. The trend continues at the moment. The Moving Averages prepare to give a bearish signal.

On the 1-hour chart:

25.10_t_uc1.gif


The price continued the trend dynamics and formed the resistance line 5 after the recoil from the level 0.9532. The support line of the correction had been broken during the dynamics. That was a signal for continuation of the trend. The Moving Averages prepare to give a bearish signal.

On the 15-minute chart:

25.10_t_uc15.gif


The pair broken the support line 2 and continued to decrease to the moment. The foothold of the price below the level 0.9315 had been a signal for continuation of the trend. If the level 0.9295 could be broken the decrease will remain and traders will start to open short positions. If the line 1 could be broken it will be reached the signal for the formation of the flat.
 
Trend analysis of the AUDUSD for 12/10/25


AUDUSD

On the 4-hour chart:

25.10_t_au4.gif


The pair left the descending trend channel between the lines 1 and 2 by piercing of the resistance. The price gained more than 100 pips for the last day. The resistance levels 1.0321 and 1.0348 have been pierced. The moving averages are showing the forming of the bullish tendency.

On the 1-hour chart:

25.10_t_au1.gif


The growing pair formed the ascending trend channel by the support line 1 and the resistance line 2. The moving averages provided a bullish signal. The nearest resistance lies at the previous local high level 1.0388.

On the 15-minute chart:

25.10_t_au15.gif


The pair continues the growth between the lines 1 and 2. The price confirmed the level 1.0365 as a support. Traders, probably, will take a profit at the level 1.0388 and resume buying after its piercing.
 
Trend analysis of the GBPUSD for 12/10/25

GBPUSD

On the 4-hour chart:

25.10_t_gu4.gif


The pair remains to move in the bearish corridor between the lines 1 and 2. The pair reversed upwards and had left the channel between the lines 3 and 4 with the break through the resistance line after the rebound from the level 1.5940. After that it had been formed the support line 5. The pair reached the resistance line 2 during the growth. The Moving Averages show the slowdown of the decrease.

On the 1-hour chart:

25.10_t_gu1.gif


The price broke the resistance line of the downward channel 2 in the middle of Wednesday. The pair increased above the resistance line 3 on Thursday. The support line 4 had been formed during the increase. The Moving Averages gave a bullish signal.

On the 15-minute chart:

25.10_t_gu15.gif


The pair increased above the line 1. If the dynamics could continue above the line, traders will gain the first signal for the breakthrough of the bearish trend. If it could be recoil below the line, downward tendency could continue and traders will start to pen short positions.
 
Trend analysis of the EURUSD for 12/10/25

EURUSD

On the 4-hour chart:

25.10_t_eu4.gif


The pair dropped to the support level 1.2930 after the break through the line1. The price broken the lines 4 and 5 and reached the resistance level 1.3000 after the rebound from the support level. The Moving Averages gave a bearish signal.

On the 1-hour chart:

25.10_t_eu1.gif


The price dropped to the support level 1.2930 in the middle of Wednesday and changed the direction of the dynamics. The levels 1.2945, 1.2975, 1.2990 and 1.3000 had been broken during the increase as well as the lines 2 and 4. Moreover, the support line 3 had been formed. The Moving Averages show the formation of the reverse upwards.

On the 15-minute chart:

25.10_t_eu15.gif


The pair places near the resistance line of the upward channel 4. If the resistance line could be broken, bullish dynamics will accelerate. Otherwise it will start the rebound in the direction of the support line 3. Traders should pay attention to the levels 1.2990 and 1.3000.
 
Trend analysis of the USDCAD for 12/10/26

USDCAD

On the 4-hour chart:

26.10_t_ucad4.gif


The pair continues the dynamics between the support line 1 and the resistance area 0.9941/53. After the recoil from the line 1, the 50-pip growth followed. The resistance area is under testing now. The moving averages continue to show the moderate growth.

On the 1-hour chart:

26.10_t_ucad1.gif


The dynamics for the second half of the week formed the ascending trend channel between the support line 2 and the resistance line 3. Despite the fact that the moving averages continue to show the flat, the last days’ dynamics gives a hope to pierce the resistance 0.9941/53.

On the 15-minute chart:

26.10_t_ucad15.gif


During the Asian session, the pair was fluctuating between the level 0.9941/53 and then pierced the resistance. Now the price is trying to hold the result. The clear break of the key area 0.9941/53 will be a bullish signal.
 
Trend analysis of the USDJPY for 12/10/26

USDJPY

On the 4-hour chart:

26.10_t_uj4.gif


The pair increased above the resistance level 80.10; however it could not hold the result. The recoil from the resistance line 1 had been a cause for the bearish dynamics. The price broke the support line 2. The Moving Averages determine the correction of the upward trend.

On the 1-hour chart:

26.10_t_uj1.gif


The decreasing pair approaches to the support lines 1 and 2 as well as the level 79.85. The price lost almost all yesterday profit. The Moving Averages determine the deep correction or the reverse of the upward trend.

On the 15-minute chart:

26.10_t_uj15.gif


The pair formed the resistance line 1 during the Asian session. The decrease accelerated during last hours. The price confirmed the support at the level 79.75. The break through the level will show to the upward dynamics.
 
Trend analysis of the AUDUSD for 12/10/26

AUDUSD

On the 4-hour chart:

26.10_t_au4.gif


The pair reached previous local high level 1.0388 and the downward dynamics started after that. The decreasing price broke the support level 1.0348 and started to test the 1.0321. The Moving Averages show flat.

On the 1-hour chart:

26.10_t_au1.gif


The decreasing pair formed the channel of the downward trend between the lines 1 and 2. The price places in the phase of the technical correction. Moreover it tests the level 1.0321. The Moving Averages prepare to give a bearish signal.

On the 15-minute chart:

26.10_t_au15.gif


The pair tests the support level 1.0321/14 with the approaching of the resistance line 1. Traders will continue sales in the case of the break through the support area. In the other case it will start the large flat.

By MasterForex CompanyTrend analysis of the AUDUSD for 12/10/26


AUDUSD

On the 4-hour chart:

26.10_t_au4.gif


The pair reached previous local high level 1.0388 and the downward dynamics started after that. The decreasing price broke the support level 1.0348 and started to test the 1.0321. The Moving Averages show flat.

On the 1-hour chart:

26.10_t_au1.gif


The decreasing pair formed the channel of the downward trend between the lines 1 and 2. The price places in the phase of the technical correction. Moreover it tests the level 1.0321. The Moving Averages prepare to give a bearish signal.

On the 15-minute chart:

26.10_t_au15.gif


The pair tests the support level 1.0321/14 with the approaching of the resistance line 1. Traders will continue sales in the case of the break through the support area. In the other case it will start the large flat.
 
Trend analysis of the USDCHF for 12/10/26

USDCHF

On the 4-hour chart:

26.10_t_uc4.gif


The pair remains to increase along the support line of the correction 4. The resistance line 3had been broken and that was a signal for the continuation of the growth. The Moving Averages show a bullish trend.

On the 1-hour chart:

26.10_t_uc1.gif


The pair rebounded from the support level 0.9295 and had broken the lines 3 and 4 in the middle of Thursday. The price reached the resistance line 5 and the growth slowdown on Friday. The Moving Averages confirm bullish dynamics.

On the 15-minute chart:

26.10_t_uc15.gif


It started the correction after the rebound from the level 0.9365. If the pair could break the level 0.9340 and the line 1, the decrease will continue. The foothold of the price below 0.9365 will be a signal for continuation of the growth.
 
Trend analysis of the GBPUSD for 12/10/26


GBPUSD

On the 4-hour chart:

26.10_t_gu4.gif


The pair increased above the trend line 2 during the growth. The price reversed downwards and had broken the support line of the correction 5 after the break through the level 1.6140. The Moving Averages gave a bullish signal.

On the 1-hour chart:

26.10_t_gu1.gif


The pair broke the support line of the correction 4 and the level 1.6115 to the middle of Friday that was a signal for the end of the growth. Moreover it had been formed the resistance line 5. The price approaches to the level 1.6095. The Moving Averages show the slowdown of the growth.

On the 15-minute chart:

26.10_t_gu15.gif


The pair moves in a bearish channel between the lines 2 and 3. If the support level 1.6095 could be broken, the decrease will remain. If the pair could break the resistance level 1.6115 and the line 2, the growth will continue.
 
Trend analysis of the EURUSD for 12/10/26

EURUSD

On the 4-hour chart:

26.10_t_eu4.gif


The dynamics remains in the downward channel between the lines 2 and 3. The price increased to the resistance level 1.3020 after the rebound from the level 1.2930 and the dynamics reversed downwards. The pair dropped below the previous local low. The Moving Averages show a bearish trend.

On the 1-hour chart:

26.10_t_eu1.gif


The price continues the dynamics in the bearish channel between the lines 1 and 2. The pair rebounded from the cross from the lines 2 and 4 at the second part of Thursday. After that the line 3 and the levels 1.3000, 1.2990, 1.2975 and 1.2945 had been broken. It expects the foothold of the price above the level 1.2930. The break through the level 1.2990 and the line 3 had been a signal for opening short positions. Moreover, it had been formed the resistance line5. The Moving Averages show a bearish trend.

On the 15-minutechart:

26.10_t_eu15.gif


It expects the foothold of the price below the level 1.2930. If the price could remain below the level, the decrease will continue. Traders will obtain the final signal for continuation of the trend. If the level 1.2930 and the line 5 could be broken, it will start the consolidation between the line 2 and the level 1.2930.
 
Trend analysis of the USDCHF for 12/10/29

USDCHF

On the 4-hour chart:

29.10_t_uc4.gif


The pair remains to increase in the channel between the lines 1 and 2. Previous local high level 0.9365 had been broken earlier. The Moving Averages show a bullish trend.

On the 1-hour chart:

29.10_t_uc1.gif


The upward dynamics in the channel between the lines 1 and 2 is remaining. The pair approaches to the key-level 0.9380. Herewith the character of the dynamics shows the slowdown of the growth. The Moving Averages show the remaining of the increase.

On the 15-minte chart:

29.10_t_uc15.gif


There has been a rebound from the level 0.9380. If the pair could not break the level, players will expect the recoil to the level 0.9360. The break through the level 0.9380 will be a signal for continuation of the purchases.
 
Trend analysis of the GBPUSD for 12/10/29

GBPUSD

On the 4-hour chart:

29.10_t_gu4.gif


The trend channel between the lines 1 and 2 had been replaced to the lines 3 and 4. That was a strong signal for the slowdown of the downward dynamics. The trend dynamics continues at the moment. The Moving Averages show the slowdown of the growth.

On the 1-hour chart:

29.10_t_gu1.gif


The pair moves in the channel between the lines 3 and 4. The testing of the support level 1.6060 is beginning at the moment. The Moving Averages prepare to give a bearish signal.

On the 15-minute chart:

29.10_t_gu15.gif


The price is testing the level 1.6060 and the line 1 at the moment. The breakthrough will be a signal for sales. Moreover, players will obtain the signal for strengthening of the tendency. If the pair could rebound upwards, it will be expected the recoil to the line 2.
 
Trend analysis of the EURUSD for 12/10/29

EURUSD

On the 4-hour chart:

29.10_t_eu4.gif


The pair remains the bearish dynamics in the channel between the lines 1 and 2. The resistance line 3 had been formed during the decrease. The Moving Averages confirm downward trend.

On the 1-hour chart:

29.10_t_eu1.gif


The pair had foothold below the level 1.2930 on Monday. The resistance line 3 had been formed after the level had been confirmed as a resistance. The price is testing the level 1.2900 at the moment. The Moving Averages show the remaining of the bearish trend.

On the 15-minute chart:

29.10_t_eu15.gif


The pair is foot holding below the level 1.2900 at the moment. The break through the support will open the way for the key-level 1.2885. The trend will remain ad traders will gain the signal for sales in the case of the breakthrough. The rebound from the level 1.2885 will mean the beginning of the consolidation between the level and the resistance line 1.
 
Trend analysis of the USDCAD for 12/10/29

USDCAD

On the 4-hour chart:

29.10_t_ucad4.gif


At the end of the previous week, the pair pierced the resistance area 0.9941/53 and the level 0.9981. In case of holding above the level and growth resumption, it will be possible to talk about the forming of the support line. The moving averages continue to show the intensive ascending trend.

On the 1-hour chart:

29.10_t_ucad1.gif


After the piercing of the level 0.9981, the pair started the correction of ascending trend, clamped between the support line 1 and resistance line 2. The price has got close to the line 1. The moving averages are still having a bullish bias.

On the 15-minute chart:

29.10_t_ucad15.gif


During the Asian session, the pair was demonstrating the consolidation between the resistance level 0.9993 and the support line 1. The piercing of resistance will confirm the end of correction. Otherwise, the resumption of flat is likely.
 
Trend analysis of the AUDUSD for 12/10/29

AUDUSD

On the 4-hour chart:

29.10_t_au4.gif


The pair failed with holding below the level 1.0321, finished the previous week by intensive growth and piercing of the level 1.0348. The current week started with small decline. The moving averages confirm the flat with weak bullish tilt.

On the 1-hour chart:

29.10_t_au1.gif


The pair is fluctuating in flat between the resistance level 1.0366 and support level 1.0348 since the Friday’s end. Now the price got close to the bottom of the corridor and started the testing. The moving averages are showing the flat.

On the 15-minute chart:

29.10_t_au15.gif


The fluctuating pair formed the resistance line 1. The pattern “triangle” could be clearly seen on the chart. The piercing of the support level 1.0348 will be a strong bearish signal, while the break through the resistance can cause the intensive growth.
 
Top