The pair finished the previous week by recoil from the support line of ascending trend 1 and grew to the resistance level 1.0418. The price is testing the resistance line 2. The moving averages are showing the flat.
On the 1-hour chart:
The pair failed with holding below the support line 2, recoiled from the support level 1.0366. The followed growth forced the pair to grow until the resistance line 1, which was backed by the level 1.0418. Now the price is testing the resistance. The moving averages are showing the correction of downward trend.
On the 15-minute chart:
During the Asian session, the pair was demonstrating the bullish dynamics, until found a resistance at the level 1.0418. In case of its piercing, traders will continue the intensive buying. Otherwise, the flat saving is possible.
Bearish trend in the channel between the lines 1 and 2 is remaining. The level 1.5940 and the support line 4 had been broken earlier. The Moving Averages show the continuation of the downward tendency.
On the 1-hour chart:
The pair decreased to the level 1.5895 to the end of Friday with the formation of the support line 1. After that the correction started. The break through the line 3 had been the signal for the continuation of the bearish trend. The price places between the lines 1 and 4. The Moving Averages show the slowdown of the decrease.
On the 15-minute chart:
The pair is testing the support level 1.5985 at the moment. Traders will gain the signal for the sales in the case of the break through the level. If the level could not be broken, the correction will remain. The confirmation of the correction will be the break through the line 2.
The dynamics in the channel between the lines 1 and 2 is remaining. The price broke the line 5 and dropped to the low border of the channel. After that the correction started. The Moving Averages show the remaining of the downward tendency.
On the 1-hour chart:
The correction started after the rebound from the support line of the downward channel 1. The recoil remained on Monday and the price reached the cross of the level 1.2730 and the resistance line 3. The price tests the support level 1.2710. The Moving Averages show the slowdown of the decrease.
On the 15-minute chart:
The price tests the support at the level 1.2710. If the level could be broken, the pair will drop to the support line 1. After that players will expect the next correction. The correction will remain in the case of the rebound upwards.
The pair finished the decline, failed with reaching the level 0.9981. The followed growth helped the price to pierce the resistance level 1.0003. The moving averages are showing the moderate bullish tendency.
On the 1-hour chart:
The pair confirmed the support level 0.9986 and started the moderate growth. The level 1.0003 has been pierced from the second attempt. Now the price tries to hold the ground. The moving averages are showing the forming of week bullish tendency.
On the 15-minute chart:
The pair was growing along the support line 1 during the Asian session. Traders started to bull the market after piercing of the resistance level 1.0003. The nearest resistance lies at the level of previous local high 1.0026.
The pair changed the flat, which the week started with, to the bearish dynamics. Now the price is trying to hold below the support level 79.30. The next support lies at the level 78.91. The moving averages are showing the descending trend resumption.
On the 1-hour chart:
The pair was demonstrating the bullish dynamics at the second half of Monday, until found the resistance at the line 1, which was backed by the level 79.59. Then the sharply falling followed, which was restricted by the level 79.30. The moving averages are showing the bearish move within the flat tendency.
On the 15-minute chart:
The pair was lowering during the Asian session. The fall finished by consolidation near the level 79.30. Spectaculars will continue trading after forming of clearer tendency.
The dynamics in the bullish channel between the lines 1 and 2 is remaining. The price fluctuates near the high border of the channel. The Moving Averages show a bullish trend.
On the 1-hour chart:
The pair is remaining to increase between the lines 1 and 3. The price had grown above the line 2 and the level 0.9495 at the beginning of the day. That was a signal for the continuation of the trend. The Moving Averages confirm the remaining of a bullish trend.
On the 15-minute chart:
The pair remains to increase in the direction of the line 3. The break through the line will be a signal for the strengthening of the trend. The break through the lines 1 and 2 will be a confirmation of the correction.
The pair, which continues the growth, pierced the resistance line 1, but stopped at the level 1.0438. The followed bearish dynamics was restricted by the line 1, which was confirmed herewith as a support. The moving averages are still showing the flat.
On the 1-hour chart:
The lowering, which started at the middle of Monday, finished at the intersection of the support line 1 and the level 1.0401. The nearest resistance lines at 1.0418. The moving averages are showing the flat bias of the pair.
On the 15-minute chart:
At the second half of Asian session, the pair formed the intraday bullish channel between the lines 1 and 2. Traders will hold the long position until the price reaches the level 1.0418. Then the turn to flat is possible.
The dynamics in the downward channel between the lines 1 and 2 is remaining. The price fluctuates near the low border of the channel. The Moving Averages confirm trend.
On the 1-hour chart:
The price broke the support at the level 1.5895 that was a signal for sales. The support line 2 had been formed later and the pair corrected to the level 1.5884. It was a drop to the cross of the line 1 and the level 1.5960 on Tuesday. It was a signal for closing. The price is correcting now. The Moving Averages show the remaining of the trend.
On the 15-minute chart:
The price is correcting between the levels 1.5860 and 1.5884 at the moment. If the pair could break through the line 3 and the high border of the channel, the correction will deepen. If the price could break the low border of the channel players will expect the testing of the support line 1. It forecasts the rebound upwards in the case and start of the new correction.
The pair moves near the low border of a bearish channel between the lines 1 and 2. The dynamics restricts by the resistance line 4 also. The Moving Averages show downward trend.
On the 1-hour chart:
The resistance line 3 had been broken in the second part of Monday however the decrease continued. The level 1.2700 had been broken on Tuesday and the price dropped to the support line of the trend channel 1. After that it had been recoil upwards and the next correction started. The Moving Averages show the remaining of the trend.
On the 15-minute chart:
The price is increasing at the moment after the rebound from the support line of the trend channel 1. If the resistance area 1.2695/2700 and the resistance line 3 could be broken, players will gain the signal for the deepening of the recoil. The break through the level 1.2675 will be a signal for the continuation of the tendency.
The pair confirmed the resistance level 1.0021 by recoil and now tries to gain a foothold below the support 1.0003. The nearest support lies at 0.9986. The moving averages are showing the forming of horizontal tendency.
On the 1-hour chart:
The pair continues the flat between the support level 0.9986 and resistance level 1.0021. The level 1.0003, which is under testing now, also can affect the price dynamics. The moving averages are confirming the flat character of tendency.
On the 15-minute chart:
During the Asian session, the pair was demonstrating predominantly bearish dynamics. In case of piercing the level 1.0003, the price will open the way to 0.9986. Otherwise, the tapering of the flat channel to 1.0021/1.0003 is likely.
The pair failed with holding below the key support level 79.30. The price resumed the intensive growth, pierced the resistance levels 79.59 and 79.75. The moving averages are showing the upward turnover of the dynamics.
On the 1-hour chart:
The pair pierced the resistance line 1 and continued to grow. The price is taking attempt to gain a foothold above the level 79.75. The nearest resistance lies at 79.92. The moving averages have given the bullish signal.
On the 15-minute chart:
At the end of the Asian session, the pair started the sharply growth and already reached more than 30 pips. Traders will hold the long positions opened, until receive the clear signals of the bullish tendency end.
The price reached the level 0.9502 during the growth in the channel between the lines 1 and 2. After that the recoil started and the resistance line 3 had been formed. The Moving Averages confirm the correction.
On the 1-hour chart:
The pair rebounded from the level 0.9502 in the middle of Tuesday and the decrease started. The line 1 and 2 had been broken. The resistance line 4 had been formed at the beginning of Wednesday. The Moving Averages gave a bearish signal.
On the 15-minute chart:
The pair increased above the resistance line 1. The decrease continued after the rebound from the level 0.9470. The foothold of the price below the level 0.9460 will be a signal for the continuation of the correction. Players will start to seek the possibilities for the purchases in the case of the break through the level 0.9470.
After the recoil from the support level 1.0401, the pair pierced the resistance level 1.0438. Now the price is trying to hold the ground. The pair dynamics could be restricted by the resistance line 1. The moving averages are showing the attempt of the pair to break the long flat.
On the 1-hour chart:
The pair formed the ascending trend channel between the support line 1 and the resistance line 2. Now the price is in the correction phase of upward trend. The moving averages are showing the intensive bullish tendency.
On the 15-minute chart:
During the Asian session, the pair was fluctuating in flat above the level 1.0438 within the correction of ascending trend. In case of confirmation of the resistance line 1, traders will continue to bull the market. Otherwise, the flat saving is possible.
The price reached the low border of the channel during the decrease in the corridor between the lines 1 and 2 and the correction started. The price reached the level 1.5985. The Moving Averages show the slowdown of the decrease.
On the 1-hour chart:
The pair broke the resistance line 3 to the middle of Tuesday. The recoil finished near the level 1.5905. After that it had been formed the support line 4. The price clamped between the line 4 and the level 1.5985. The Moving Averages show the formation of the flat.
On the 15-minute chart:
The price is placing between the line 3 and the level 1.5895 at the moment. The recoil will continue in the case of the breakthrough. If the support line could be broken players will gain the signal for the continuation of the trend.
The dynamics in the channel between the lines 1 and 2 continues. The price recoiled upwards from the support line of the channel and the level 1.2675, and the correction started. Downward dynamics continued after the rebound from the resistance at the level 1.2725. The Moving Averages show the remaining of the downward tendency.
On the 1-hour chart:
The dynamics between the lines 1 and 2 continues. The correction started after the rebound from the line 1 and the level 1.2675. The lines 3 and 4 and the level 1.2700 had been broken. Support line of the correction 5 had been formed as well. The Moving Averages prepare to give a bullish signal.
On the 15-minute chart:
The pair moves between the levels 1.2700 and the level 1.2725 and between the lines 1 and 2. Players will gain the second signal for the continuation of the trend in the case of the break through the support area 1.2695/2700. The break through the resistance line 2 and the level 1.2725 will be a signal through the deepening of the correction.
The pair pierced the strong resistance level 1.0021 and now tries to gain a foothold above. The moving averages continue to show the ascending trend despite its unclear shape.
On the 1-hour chart:
After confirmation of the level 1.0003 as a support, the pair grew by 40 pips. Now the price is in the correction phase of ascending trend. The level 1.0021 is testing for a few hours. The moving averages confirm the correction.
On the 15-minute chart:
During the Asian session, the pair was demonstrating the correction of bullish trend. In case of the piercing the level 1.0021, the turn to flat is possible. Otherwise, traders can continue to bull the market.
Bullish trend in the channel between the lines 1 and 2 is remaining. The pair is correcting at the moment. The price reached the support level 0.9440 during the decrease. The Moving Averages show the remaining of the trend and confirm the correction.
On the 1-hour chart:
The price broken the resistance line of the correction 3 in the middle of Wednesday and moved into flat. The side way dynamics restricts by the support level 0.9440 and the resistance level 0.9455. The Moving Averages show the remaining of the downward dynamics.
On the 15-minute chart:
The price is moving in flat between the levels 0.9440 and 0.9455 at the moment. The break through the support will be a signal for the continuation of the correction. The landmark will be a trend line 1 on the 1-hour chart in the case. The break through the high border of the channel will be a signal for the continuation of the bullish trend.
The pair reached the resistance level 1 and started the sharply decline. The price pierced the support area 1.0401/390, level 1.0366 and the line 2. The nearest support lies at 1.0348. The moving averages are ready to provide a bearish signal.
On the 1-hour chart:
After piercing the support line of ascending channel 1, the pair started to fall. The price lost in total about 100 pips. Broke through the level 1.0390 and line 2, the pair slowed the falling down. Now the support area 1.0354/48 is under testing. The moving averages provided the bearish signal.
On the 15-minute chart:
During the Asian session, the pair was demonstrating the mixed dynamics. After the end of descending trend correction phase, the falling continued. The price resumes testing of the support area 1.0354/48. In case of success, traders will continue to bear the market.
Downward tendency between the lines 1 and 2 is remaining at the moment. The pair decreased to the low border of the channel. The Moving Averages confirm bearish trend.
On the 1-hour chart:
The pair places near the low border of the trend channel 1. Moreover the price moves in the channel between the lines 2 and 3. The support line 4 had been broken in the middle of Wednesday and that was a signal for the continuation of the trend. The level 1.5860 had been broken later. The Moving Averages confirms bearish trend.
On the 15-minute chart:
The price is clamped between the lines 1 and 2. The break through the resistance will be a signal for the correction. The foothold of the pair above the level 1.5860 will be a confirmation for the correction. If the price could break the support line players will gain the signal for the strengthening of the bearish trend.
Bearish trend in the channel between thelines1 and 2 is remaining. The trend is on the stage of the correction at the moment. Active recoil had been replaced by the flat dynamics between the levels 1.2725 and 1.2750. The Moving Averages show the remaining of the tendency.
On the 1-hour chart:
The pair broke the resistance line 2 and the support line 3. After that a flat between the levels 1.2725 and 1.2750 had started. Flat dynamics is remaining till present moment. The Moving Averages gave a bullish signal and they confirm the flat now.
On the 15-minute chart:
The flat is remaining at the moment. If the resistance level 1.2750 could be broken the correction will continue. In the case of the break through the support level 1.2725 players will gain the second signal for the continuation of the trend.
