The pair left the ascending trend channel between the lines 1 and 2 by piercing the support, caused by the recoil from the resistance level 1.0003. The price found the support at the level 0.9963 and started to test it. The moving averages are showing the turnover of upward trend.
On the 1-hour chart:
The dynamics for the second half of week could be described as large flat between the levels 1.0003 and 0.9963. The moving averages continue to show the intensive bearish movement despite the turning of the pair to flat.
On the 15-mminute chart:
During the Asian session, the pair was fluctuating in flat between the levels 00.9972 and 0.9963. Spectaculars will start the active trading in case of piercing of any border of corridor.
The pair continued the growth within the ascending trend channel between the support line 1 and resistance line 2. The price reached the previous local high level 80.29 and started the testing. The moving averages are showing the confident bullish trend.
On the 1-hour chart:
The pair narrowed the ascending trend channel for the last day by consolidating near the support line 1. The price is testing the resistance area 80.29/37 hard. The moving averages continue to show the intensive ascending trend.
On the 15-minute chart:
During the Asian session, the pair was moving between the support line 1 and the resistance line 2, which are forming the upward channel. The level 80.11 has been confirmed as a support. In case of holding of pair above the resistance 80.29, traders will resume buying.
The pair remains the dynamics above the support line 4. The support line of the present dynamics 5 had been formed. The Moving Averages show the remaining of the bullish trend.
On the 1-hour chart:
The pair rebounded upwards from the support line 3 in the middle of Wednesday. After that the growth continued and the support line 2 had been formed. The price places near the resistance level 0.9380. The Moving Averages show a bullish trend.
On the 15-minute chart:
The pair places between the support level 0.9365 and the resistance level 0.9380. If the resistance level could be broken players will start the purchases. The next correction will be expected in the correction to the level 0.9350 or to the line 2 on the 1-hour chart.
The pair continues to move within the ascending trend channel between the support line 1 and resistance line 2. The price failed with holding above the level 1.0388 and recoiled from the line 2. Now the pair is in the phase of technical correction, which is confirmed by the moving averages.
On the 1-hour chart:
The yesterday 50-pips growth finished by recoil from the resistance line 1 and correction, which caused more than 30 pips falling. The price is getting close to the support line of ascending trend 1. The moving averages are confirming the correction.
On the 15-minute chart:
The pair, which is demonstrating the bearish dynamics within the Asian session, formed the intraday resistance line 1. Spectaculars will keep the short positions opened until the pair will reach the support line 2. Than the trend movement is possible.
The price increased to the level 1.6160 and rebounded downwards with the break through the support line 3 after the break through the resistance line 2. The price arrived into the channel between the lines 1 and 2; moreover the resistance line 4 had been formed. The price places near the support line 5. The Moving Averages show the remaining of the bullish trend.
On the 1-hour chart:
The price reached the level 1.6175 and rebounded downwards in the middle of Thursday. It was a dropped to the level 1.6085 to the middle of Friday. The pair is testing present support level and the support line 4 at the moment. The line 1 had broken the line 1 during the decrease and the resistance line 3 had been formed as well. The Moving Averages prepare to give a bearish signal.
On the 15-minute chart:
The price is testing the support line 4 and the support level 1.6085. If the support could be broken, players will start active sales. If will be expected the growth above the line 2 on the 4-hour chart in the case of the rebound upwards.
The pair continued the decrease after the rebound from the level 1.3000. As a result, the price dropped to the level 1.2900. The Moving Averages show the remaining of the bearish trend.
On the 1-hour chart:
The price increased sharply to the resistance level 1.2975 and recoiled downwards. The levels 1.2965, 1.2955, 1.2930 and 1.2915 had been broken during the decrease. The price is testing present support level at the moment. The Moving Averages gave a bearish signal.
On the 15-minute chart:
The pair is consolidating between the support area 1.2890/2900 and the resistance line 1. If the support area could be broken, traders will gain strong signal for the continuation of the trend and for sales. If the lines 2 and 3 could be broken, it will start the next recoil upwards.
The testing of the support level 0.9941, which started at the end of the previous week, continues until now. The nearest resistance lies at the level 0.9963. The moving averages are showing the end of ascending tendency and preparing to provide a bearish signal.
On the 1-hour chart:
During the last three trading days, the pair formed the descending trend channel between the lines 1 and 2. The price, which is testing the support level 0.9941, got close to the resistance line 1. The moving averages are showing clear descending tendency.
On the 15-minute chart:
During the Asian session, the pair was consolidating near the support level 0.9941. On the last hours, the price grew to the resistance line 1 backed by the level 0.9953. In case of piercing of the level 0.9941, traders will start to sell.
The pair finished the testing of resistance level 80.45 started at the end of previous week with recoil. The price herewith left the ascending trend channel between the lines 1 and 2. The moving averages are still showing the ascending trend.
On the 1-hour chart:
At the second part of Friday, the pair recorded a new high at 80.66 and started to decline gradually. The price pierced the level 80.45 after the long testing. The moving averages started the turnover suggesting a deep correction or the end of ascending trend.
On the 15-minute chart:
During the first half of Asian session, the pair was fluctuating between the level 80.45 and the resistance line 1. Then the sharply falling followed. The nearest support lies at 80.29. Traders can take a profit on the short positions with start of testing of level 80.37 as a resistance.
The pair continues a bullish dynamics in the channel between the lines 1 and 2. The resistance level 0.9370 and the line 4 had been broken earlier. The growth develops along the support line 3. The Moving Averages show a bullish trend.
On the 1-hour chart:
The pair increased tot eh level 0.9415 to the end of the previous week. The Monday had started with the flat dynamics between the level 0.9400 and 0.9415. The break through the resistance level had been after the price faced the cross of the lines 3 and 4. The growth continued after that. The Moving Averages confirms a bullish tendency.
On the 15-minute chart:
There has been a rebound from the level 0.9445 at the moment. The decrease to the level 0.9430 will be expected if the recoil will remain. If the support level and the lines 1 and 2 could be broken traders will gain the signal for the downward tendency. The recoil to the support line 1 on the 4-hour chart in the case. If the pair could break through the resistance level 0.9445 and through the line 3 it will be reached the signal for the strengthening of the bullish trend.
At the end of the week, pair started the deep correction after fail with reaching the support level 1.0321. Now the price is testing the resistance level 1.0366. The moving averages are showing the horizontal tendency.
On the 1-hour chart:
The pair changed the ascending channel between the lines 1 and 2 to descending between the resistance line 3 and the support line 4. Now the pair is finishing the period of technical correction. The moving averages are confirming the correction.
On the 15-minute chart:
The pair is recoiling from the resistance line 1, backed by the level 1.0366. Aggressive spectaculars have already resumed to trade aside trend, while conservative traders will open the short positions after the holding of the price below the level 1.0354.
The pair continued downward tendency during a bearish trend between the lines 1 and 2. Bearish dynamics moves along the resistance line 4. The Moving Averages gave bearish signal.
On the 1-hour chart:
The pair broke the support level 1.6085 in the middle of Friday and dropped to the level 1.6015 to the end of the day. The recoil to the level 1.6035 had been on Monday and after that the price broken the support. The Moving Averages confirm bearish trend.
On the 15-minute chart:
The pair decreased below the level 1.6015. If the price could foothold below the level traders will gain the signal for sales. If the pair could recoil upwards and the resistance line 1 could be broken, the pair will recoil to the resistance line of the channel 2 on the 4-hour chart.
The price broke the key-level 1.2890 successfully and dropped to the support 1.2815 with the breakthrough the line2 after the rebound from the resistance line 3. The Moving Averages show downward trend.
On the 1-hour chart:
The price decreased tot eh support 1.2815 after the break through the level 1.2890 and the correction in the corridor between the support and the resistance level 1.2835 started. The price decreased below the level 1.2815. The Moving Averages show the continuation of the decrease.
On the 15-minute chart:
The price tests the support line 4. If the line could be broken, bearish trend will continue. The breakthrough will be strong signal for sales. If the price could rebound upwards, traders will gain the signal for large flat between the levels 1.2815 and 1.3130.
The price reached the resistance line 2 in the cross with the level 0.9445. The support line 3 had been broken after the recoil. The Moving Averages show a bullish trend.
On the 1-hour chart:
The price dropped below the support line 3 to the end of Monday and the flat between the levels 0.9430 and 0.9445 started. The price places near the high border of the channel. The Moving Averages show a bullish tendency.
On the 15-minute chart:
The price is testing the level 0.9445 now. If the resistance could be broken, the pair will increase to the resistance line 3. The break through the line will be a signal for the strengthening of the bullish trend. Nevertheless it forecasts a correction during the trend between the lines 1 and 2 on the 4-hour chart after the line 3 will be reached.
The price faced with the support at the level 1.5965 and recoiled upwards. After that the support line of the correction 4 had been formed. The Moving Averages show a bearish trend.
On the 1-hour chart:
The price had rebounded from the level 1.5965 in the second part of Monday and broke the resistance line 1. The support line 2 had been formed as well. The Moving Averages confirm the correction.
On the 15-minute chart:
The price places between the support lines 1 and 2 and the level 1.5990. If the pair could break through the level the correction will continue. The growth to the level 1.6015 will be expected in the case. If the level could not be broken, the price will drop below the line 2. In the case it will be expected the continuation of the decrease along the line 1.
The price had broken the support level 1.2815 and dropped below the line 4 during downward dynamics. The break through the level had been a signal for the continuation of a bearish trend. The Moving Averages confirms the decrease.
On the 1-hour chart:
The price reached a support level 1.2779 in the middle of Monday. The decrease continued after the correction to the line 3 and the price decreased below the support level. The Moving Averages show the slowdown of the downward dynamics.
On the 15-minute chart:
The price faced the support level and recoiled upwards during the lowering. After that it had been formed the support line of the correction 4. The Moving Averages show a bearish trend.
The pair continues the growth, which started on Monday, until found a resistance line 1. The forming of descending channel between the lines 1 and 2 could be mentioned. The moving averages are showing the horizontal tendency.
On the 1-hour chart:
Since the beginning of the week, the pair was consolidating between the key support level 0.9941 and the resistance line 1. The pair pierced the support level 0.9953 and now tries to hold below. The moving averages continue to show the flat.
On the 15-minute chart:
During the second half of the Asian session, the pair was demonstrating the mixed dynamics. The pairs volatility herewith grew significantly. Spectaculars will continue the trading after forming of the clearer tendency.
After the long testing, the pair pierced the resistance level 1.0366 and grew by more than 50 pips. Growth was restricted by resistance line 1, which is under testing now. The moving averages turned upwards.
On the 1-hour chart:
The pair left the formed yesterday channel of ascending trend between the lines 1 and 2 by piercing the resistance. Now the price is testing the resistance line 3. The moving averages provided the strong bullish signal.
On the 15-minute chart:
After the sharply growth in the middle of the Asian session, the pair was consolidating between the resistance line 1 and level 1.0418. Spectaculars will continue the trading after forming of clear tendency.
The pair continued the lowering, which started on Monday. During the technical correction of descending tendency, the price confirmed the level 80.29 as a resistance. The moving averages started to turn down, confirming the forming of new trend.
On the 1-hour chart:
The lowering pair formed the descending trend channel between the resistance line 1 and support line 2. The price formed the support level 80.11. The pair mentioned the starting of the correction from the line 2. The moving averages provided a bearish signal.
On the 15-minute chart:
During the Asian session, the pair demonstrated a clear bearish dynamics. On the last hours, the price turned to the phase of technical correction by recoil from the support line 1. Traders will resume to sell after the recoil from the resistance line 2.
The pair continued the lowering within the channel between the resistance line 1 and support line 2. The price held below the level 0.9941. The pair reached the bottom border of the channel. The moving averages provided a bearish signal.
On the 1-hour chart:
After short testing, the support level 0.9920 has been pierced. The pair lost about 50 pips for the last day. The support line 1 is under testing now. The moving averages are showing the intensive bearish trend.
On the 15-minute chart:
The pair was lowering within the descending channel, formed by the lines 1 and 2. Now the bottom border of the channel is under testing. Traders will start to buy in case of confirmation of recoil. The aim herewith will be at the resistance line 1.
