The consolidation between the support line 1 and resistance line 2 finished by piercing of later and the growth by 80 pips to the resistance level 1.0468. The moving averages provided the confident bullish signal.
On the 1-hour chart:
The pair reached the resistance level 1.0468 and turned to flat. The intraday low was recorded at 1.0444. The price dynamics could be also affected by the resistance line 1. The moving averages are showing the correction of the ascending trend or its ending.
On the 15-minute chart:
The pair was moving within the channel between the lines 1 and 2 until found support at 1.0447. The second recoil from the level caused the piercing of the resistance line 1. In case of holding the results, traders can continue to bull the market.
The price continues to move in a bearish channel between the lines 1 and 2. The pair reached the high border of the channel 2 and had broken the lines 4, 5 and 6. The decrease continued after the rebound from the level 1.6050. The Moving Averages show the slowdown of the growth.
On the 1-hour chart:
The decrease continued after the rebound from the level 1.6050. The price dropped to the support at the level 1.6015. The testing of the level is continuing. The Moving Averages show the slowdown of the growth.
On the 15-minute chart:
The resistance line 1 had been formed after the continuation of the decrease. The price is testing the support level 1.6015 at the moment. If the price could break the support and the line 2 players will start the sales. If the line 1 could be broken it will start the consolidation between a support level and the resistance line 2 on the 4-hour chart.
A bullish tendency is remaining. The pair reached weakly high at the level 1.2985. After that it had been small recoil and upward dynamics continued. The Moving Averages confirm the growth.
On the 1-hour chart:
The pair moves in a bullish channel between the lines 1 and 2. The level 1.2900 and 1.2950 had been broken earlier. The price continued trend dynamics after short correction. The Moving Averages confirm a bullish trend.
On the 15-minute chart:
The price rebounded downwards from the level 1.2975. If the decrease could continue and the level 1.2950 could be broken players will gain the signal for the formation of the reverse downwards. The break through the support line 1 will be a confirmation for the reverse dynamics. If the level 1.2975 and 1.2985 could be broken, players will continue the purchases.
The pair continued to move within the middle-term descending trend channel between the resistance line 1 and support lie 2. After the recoil from the latter, the pair corrected to the resistance level 0.9956 and the trend movement resumed. The moving averages are confirming the bearish trend.
On the 1-hour chart:
After the recoil from the support level 0.9920 and the beginning of the week, the pair started the bearish trend correction. After the resuming the trend dynamics, the pair turned back to testing the support. The moving averages are showing the end of correction.
On the 15-minute chart:
During the Asian session, the pair was declining slowly to the level 0.9920. In the last hour, its testing begun. In case of piercing of support, traders will continue to bear the market.
The pair continued to move within the short-term descending trend channel between the resistance line 1 and support line 2. The correction finished by touching the line 1, which is under testing. The moving averages are showing the turnover of the middle-term bullish tendency.
On the 1-hour chart:
The pair was testing the support line 2 hardly, but recoiled and stared to grow. After reaching the resistance line 1, the price begun to test it. The nearest resistance level lies at 82.35. The moving averages are showing the consolidation.
On the 15-minute chart:
The pair pierced the level 82.18 and confirmed it as a support. At the end of Asian session, the price turned to flat. In case of piercing the level 82.18 downwards, spectaculars will continue to sell. Otherwise, the horizontal tendency will continue.
The resistance line 3 had been formed after the break through the support line of the downward channel 2. The price dropped to the support at the level 0.9275 and after that the consolidation between the support and the resistance level 0.9295. The Moving Averages confirm downward trend.
On the 1-hour chart:
The price rebounded from the support level 0.9265 and increased above the line 2. The price increases in the direction of the resistance level 0.9295 and the line 1. The Moving Averages show the remaining of the downward tendency.
On the 15-minute chart:
The price is growing in the direction of the resistance level 0.9295. The break through the level and the line 2 will be a signal for the reverse of the tendency upwards. The break through the levels 0.9275 and 0.9265 will be a signal for the sales.
Since the beginning of the week, the pair was consolidating between the support line 1 and resistance line 2. The resistance level 1.0468 has been pierced and now pair tries to hold the ground. The moving averages are showing the confident bullish trend.
On the 1-hour chart:
The pair renewed the two-month high by the value of 1.0488 and started the correction of ascending trend aside the support line 1. The moving averages are showing the upward trend.
On the 15-minute chart:
At the end of Asian session, the pair started to rest the support line 1 within the correction of bullish trend. In case of recoil from the line, traders will gain a signal of the trend dynamics resumption. Otherwise, the turn to flat is possible.
The price places in the channel between the lines 1 and 2. The pair rebounded from the level 1.6050 and dropped to the support 1.6010 in the cross with the line 3. After that the pair increased to the high border of the channel. The Moving Averages show a bullish trend.
On the 1-hour chart:
The pair rebounded from the level 1.6010 to the end of Friday. The price increased to the line 2 on Tuesday and it had been a rebound downwards. The consolidation between the lines 1 and 2 had started. The Moving Averages show the remaining of the growth.
On the 15-minute chart:
The price is testing the support line 2 at the moment after the rebound from the resistance line 3. The break through the line will be the first signal for sales. The foothold of the pair below the level 1.6010 will be the confirmation for the reverse downwards. If the price could break the line 3 players will gain the first signal for the continuation of the growth.
A bullish trend is remaining. The price corrected from the level 1.2985 to the support level 1.2950 during the growth. After that the resistance level had been broken and the trend continued. The Moving Averages show the continuation of the trend.
On the 1-hour chart:
The dynamics in the upward channel between the lines 1 and 2 continues. The break through the resistance level 1.2985 had been a signal for the continuation of the trend. The Moving Averages confirm a bullish trend.
On the 15-minute chart:
The break through the resistance level 1.3000 will be a signal for the purchases. If the pair could break the support level 1.2985 and the line 1 will start the reverse of the tendency downwards.
The pair continues to move within the middle-term descending trend channel between the lines 1 and 2. The price recorded another three-week low at 0.9904, and finished the correction by touching the resistance line 1. The moving averages confirmed the correction of bearish trend.
On the 1-hour chart:
The pair touched the resistance line 1 and now preparing to start its testing. The nearest support lies at 0.9920. The moving averages provided a weak bullish signal.
On the 15-minute chart:
The pair was consolidating near the resistance level 0.9946 during the Asian session. Recoil from the resistance line 1 will show traders the resumption of descending trend. Piercing of the line will be a first bullish signal.
The pair recoiled from top border of descending trend channel 1 and lowered to the support line 2. The support line 3 has been pierced. The moving averages are showing the forming of the confident descending trend.
On the 1-hour chart:
After the recoil from the resistance line 1, the pair decreased to the support line 2 and started the testing of the area 81.87/76. The moving averages provided the bearish signal, showing the descending tendency resumption.
On the 15-minute chart:
The pair is testing the support line 1. In case of recoil, traders will wait for growth until the line 2. Otherwise, spectaculars will bear the market.
The price tested the support level 0.9275 twice and rebounded upwards with the break through the level 0.9295 in the cross with the line 3. The price reached the resistance level 0.9315 after the breakthrough. The Moving Averages show the slowdown of the decrease.
On the 1-hour chart:
The pair reached the resistance level 0.9315 at the second part of Tuesday however the level had not been broken. The price tested the level for the second time and reversed downward with the break through the line 1 on Wednesday. The Moving Averages gave a bullish signal.
On the 15-minute chart:
The price is testing a support line 1 at the moment. The break through the line will be a signal for the formation of the flat tendency. If the pair could foothold above the level 0.9315 will be a signal for the purchases.
The consolidation between the support line 1 and resistance line 2 finished by piercing of support, which caused the fall to the level 1.0438. The moving averages are showing the turnover of the bullish trend.
On the 1-hour chart:
The pair continues to form the pattern “head and shoulders”. In case of reaching the level 1.0468 and the following piercing the level 1.0438, traders will start the intensive sales.
On the 15-minute chart:
During the Asian session, the pair mentioned the recoil from the support area 1.0438/47. Traders will hold the long positions with aim at 1.0468.
The line 3 and the level 1.6010 had been broken after two attempts to break through the level 1.6050 and the pair dropped to the support line 4. The Moving Averages show the slowdown of the growth.
On the 1-hour chart:
The pair rebounded from the resistance line 2 and broken the line 1 in the second part of Tuesday. The price dropped to the level 1.6010 to the end of the day. The support level had been broken with the formation of the resistance line 4 on Wednesday. The price dropped to the line 3 later. The Moving Averages prepare to give a bearish signal.
On the 15-minute chart:
The pair moves downwards in the channel between the lines 1 and 2. The break through the level 1.6010 and the line 2 will be a signal for the slowdown of the decrease. If the pair could rebound downwards and could break through the line 3 and the level 1.5995, players will gain the signal for sales.
The pair tested the resistance level 1.2985 twice and after that it had been broken the support line 2 and the level 1.2950. After that the price reached the support line 1. The Moving Averages show the slowdown of the growth.
On the 1-hour chart:
The pair had rebounded from the level 1.3000 in the middle of Tuesday and had left the channel between the lines 1 and 2. The channel between the lines 4 and 5 had been formed during the decrease and the price dropped to the line 3. The Moving Averages gave a bearish signal.
On the 15-minute chart:
The break through the level 1.2915 will be a signal for the sales. If the pair could rebound from the level and could break through the line 2, a bullish trend will continue.
During the current week, the pair was forming the resistance line 1. The price pierced the descending trend line 2, but failed with holding the ground recoiled from the line 1. The lowering slowed down in the support area 0.9920/16. The moving averages are still showing the bearish trend.
On the 1-hour chart:
The pair was testing the support area 0.9920/16 during the whole Asian session. The price is getting close the resistance line 1 again. The moving averages are showing the resumption of the bearish tendency.
On the 15-minute chart:
The pair formed the support line 1, which will be the first aim in case of piercing the support area 0.9920/16. If the support will not been pierced, the pair will probably continue the large flat.
The pair failed with holding below the line 3, recoiled from the support level 81.81. Herewith, price pierced the resistance line of descending channel 1. The moving averages are showing the slowing of the bearish trend down.
On the 1-hour chart:
The pair recoiled from the support line 2, backed by the support area 81.76/87, and pierced the resistance line 1. The nearest resistance level lies at 82.35. The moving averages are ready to provide a bullish signal.
On the 15-minute chart:
During the Asian session, the pair continued the forming of the support line 1. The pair dynamics restricted by the 82.18 from the top. In case of piercing the support, traders will start to sell. Piercing of the resistance will cause the buying.
The bears tried to break the support level 0.9275 twice however the price recoiled to the resistance level 0.9335. After that the dynamics reversed downwards and the pair approached to the level 0.9275 for the third time. The Moving Averages show the remaining of a bearish trend.
On the 1-hour chart:
The price recoiled to the resistance level 0.9335 after two appointments to break the support 0.9275. After that the pair continued to decrease and had formed the resistance line 2 and the level 0.9290 had been broken. The Moving Averages gave a bearish signal.
On the 15-minute chart:
The pair approaches to the support area 0.9265/75. The break through the support level will be a signal for the sales. The consolidation will continue in the case of the rebound upwards from the support area.
The pair continues the correction of ascending trend within the channel between the lines 1 and 2. The price started the forming the correction channel between the lines 3 and 4. The moving averages are showing the slowing of the bullish trend down.
On the 1-hour chart:
The pair failed with holding below the support line 1.0438. Due to that reason, the pattern “head and shoulders” has not triggered. After recoil from the support line 1, the pair grew to the resistance line 2. The moving averages are showing the consolidation.
On the 15-minute chart:
During the Asian session, the pair was demonstrating the mixed dynamics. The lowering in the last hours started to slowdown. The nearest support lies at 1.0447. The piercing of the level will be a signal to continue the sales. Otherwise, the turn to flat is possible.
The price dropped to the support level 1.5965 after the second rebound from the resistance level 1.6050. The resistance line 5 had been formed as a result of the rebound from the support level. After that it was a leap above the level 1.6010 and the high border of the channel 6 had been formed. The Moving Averages show the remaining of the growth.
On the 1-hour chart:
The support line of the downward channel 1 had been formed in the middle of Wednesday. After that it was a rebound above the level 1.6010 and the flat started. The support line 2 had been formed on Thursday and the growth continued. The Moving Averages gave a bullish signal.
On the 15-minute chart:
The price tests a resistance level 1.6020 after the recoil from the support 1.6010. If the level 1.6020 and the line 4 could be broken, players will start the purchases. The sales will begin in the case of the break through the lines 1, 2 and 3 and the level 1.5995.
