The pair remained to move inside the upward channel between the support line 1 and the resistance line 2. The price increased to the resistance line of the channel with the breakthrough of the resistance lines 3 and 4 during the fluctuations. The price places between the lines 2 and 4 and corrects in the direction of the lines 1 and 3 at the moment.
On the 1-hour chart:
It had started the intensive growth after the break through the high border of the consolidation. The pair broke the resistance lines 3, 4 and 5. The price places between the lines 3 and 5. The Moving Averages show the slowdown of the growing tendency.
On the 15-minute chart:
The pair started the correction between the support level 0.9690 and the resistance level 0.9708 after the resistance line 1 had been reached. The price moved below the line 2 and remained to move on the direction of the line 3. It expects the nonfarm payrolls from the United States. It will be the main driver today.
The price had reached the support level 1.5499 and started the recoil after the rebound from the resistance line 1. As a result, it had been formed the support line 2. It had been broken the resistance line 3 during the upward tendency. After that it had been broken the resistance line 3. It had been broken the levels 1.5640, 1.5590 and 1.5555. The Moving Averages show the flat character of the dynamics.
On the 1-hour chart:
The pair had broken downwards the support lines 1 and 2 and had decreased to the line 3 in the middle of Thursday. The levels 1.5566 and 1.5530 had been broken as well. The price had been clamped between the resistance level 1.5530 and the support line 3. However, the price increased higher the level at the moment and seeks to the line 2. The Moving Averages show the presence of the decreasing trend.
On the 15-minute chart:
The pair remained the correction between the resistance level 1.5530 and the resistance line 3 at the beginning of the day. The pair increased higher the resistance level and had broken the level 1.5542 to the middle of the day. The price remains to foothold higher the level at the moment. The main driver of the dynamics will be the publication of the nonfarm payrolls from the United States.
The pair remains the strong bearish tone. It had been broken the support level 1.2515, the lines 1 and 2. After that it was a rebound from the support line 3 and it had started the correction in the direction of the resistance line 1. The Moving Averages show the remaining of the downward direction of the tendency.
On the 1-hour chart:
The price decreased below the support line 1 at the second part of Thursday, after that it started the correction in the direction of the resistance line2. The pair fluctuates in the flat corridor between the levels 1.2371 and 1.2425. The Moving Averages show the slowdown of the decrease however they confirm the remaining of the trend direction.
On the 15-minute chart:
The pair broke the low border of the consolidation between the lines 1 and 2 in the middle of Thursday. After that it had been broken the level 1.2515 and it had been confirmed as a resistance. The price decreased below the lines 3 and 4 and the levels 1.2425 and 1.2393. The price stopped near the cross of the support line 5 and the support level 1.2371. At the moment the pair fluctuates between the levels 1.2393 and 1.2371 in the direction of the line 3. The main driver today will be non-farm payrolls in the United States.
The pair has left the middle-term ascending channel between the lines 1 and 2 by piercing the support. After that, the price confirmed the support level at 79.47 by the rebound from it. The moving averages are showing the consolidation.
On the 1-hour chart:
The pair formed the lines 1 and 2, which are the border of the downward channel. The price broke through the support level 79.65 and tries to foothold below. The confirmation of the level as a resistance would be a good enter point for the short position.
On the 15-minute chart:
During the end of the Friday and the beginning of the Monday, the pair has been fluctuating in flat. After the rebound from the resistance area 79.65/75, the price started the decline. Recommendation: wait for the signals of the decrease resumption, although the risky traders could start the trading now.
The pair rebounded from the level 1.0120 and started the growth. From the beginning of the Monday, the price is testing the resistance line 2 and the level 1.0195. The moving averages confirmed the reversal tendency, which could be only a correction within the monthly downward trend.
On the 1-hour chart:
During the Asian session, the pair is fluctuating in flat between the levels 1.0181 and 1.0208. The horizontal movement is the correction of the ascending tendency. The last rebound from the intersection of line 1 and the level 1.0181 was the end of the correction period.
On the 15-minute chart:
The pair got close to the resistance 1.0208, piercing of which would open the way to 1.0221. The lines 3 and 4 were the borders of the correction. Recommendation: keep the long positions opened and wait for the breaking through the 1.0208.
The pair continues the correction within the ascending trend, clamped by the lines 1 and 2. In addition, the resistance line 2 could also affect the price dynamics. The moving averages have turned downwards.
On the 1-hour chart:
The pair formed the resistance line 2, from which it rebounded at the end of the previous week, and pierced the support 1. After that, the pair resumed the decline along the line 3. The support level 1.0182 restricts the price dynamics from the bottom.
On the 15-minute chart:
The dynamics of the first part of Monday shows the forming of the triangle, which borders are the level 1.0182 from the downside and the line 1 from the top. Recommendation: wait for the piercing of the triangle and open the respective position.
The pair remains to increase between the support line 1 and the resistance line 2. The pair finished the correction with the rebound from the support level 0.9768. The Moving Averages show the remaining of the upward trend.
On the 1-hour chart:
The pair remains to increase inside the corridor between the support line 1 and the resistance line 2. The pair restricts by the support level 0.9768 and the resistance level 0.9789. The Moving Averages show the bullish trend.
On the 15-minute chart:
The pair increased in the corridor between the lines 1 and 2. It expects the testing of the previous local high level 0.9789. If the price could break through the resistance level, traders will reach the good entering point for the long positions. However it should be noted that the resistance line 2 places close to the resistance level. As well, it could start the flat dynamics that could remain till the support line 1. If the support level and the sing 1 could be broken, traders will start to prepare to the trend replacement.
The pair remains the bearish trend along the resistance line 1. The price confirmed the level 1.5499 as a resistance. It expects the testing of the lines 2 and 3 soon. The Moving Averages show the presence of the downward trend.
On the 1-hour chart:
The price remained the trend dynamics after the confirmation of the level 1.5499 as a resistance. The Moving Averages show the remaining of the decrease. The pair approaches to the previous local low at the level 1.5475.
On the 15-minute chart:
The price rebounded downwards from the resistance area 1.5499/1.5505 and decreased to the support level 1.5475. If the price could remain the dynamics below the resistance line 1, traders will start the sales after the break through the present support level. If the support level could be stronger the resistance line 1, it will start the flat between the support level 15475 and the resistance level 1.5499. If the resistance area could be broken, traders will reach the strong signal for the growth.
Downward trend remains. The price decreased below the support line 1, however it recoiled back later. The recoil had been restricted by the resistance line 2. The Moving Averages show the downward trend.
On the 1-hour cart:
The pair started the day below the line 1 however, it increased above the line and formed the support line 2. The price corrects in the direction of the resistance line 2 at the moment. The Moving Averages confirm the small correction during the downward trend.
On the 15-minute chart:
The price moves in the correction between the support line 1 and the resistance line2. If the support line could be broken, traders will reach the first signal that the correction finishes. The foothold of the price below the support level 1.2266 will be the second signal and good entering point for short position. If the price could not break the support level it will start the flat tendency of the consolidation between the support level and the resistance line 2. If the resistance line 2 could be broken, the price would remain to increase. The break through the levels 1.2371 and 1.2393 will be the signals of the growth remaining.
The pair has been growing along the support line 1 piercing of the resistance line 2. The nearest resistance level lies at 1.0210. The dynamics of the last days could be described as a flat. The moving averages are ready to provide a bullish signal.
On the 1-hour chart:
The pair is fluctuating in flat, getting close to the support line 1. Rebounded from the intersection of the level 1.0210 and the resistance line 3, the price started the decline. The closest support level lies at 1.0194.
On the 15-minute chart:
Now the pair is fluctuating between the lines 1 and 2, which are the borders of the daily ascending channel. Recommendation: wait for the piercing of the resistance 1.0210 and open the long positions.
The pair is testing the support line 1 of the middle-term ascending trend. The nearest resistance lies at 1.0199. We recall that the previous dynamics was the correction after the rebound from the resistance line 3.
On the 1-hour chart:
The pair is fluctuating in flat, restricted by the resistance 1.0208 from the top and support 1.0163 from the bottom. In addition, the lines 1, 2 and 3 could have an influence on the price dynamics. The moving averages are still showing the descending tendency.
On the 15-minute chart:
After the rebound from the line 1, the pair fell to 1.0163 and started to form the upward tendency. The borders of the current channel are the lines 2 and 3. Recommendation: open the long positions after the rebound from the line 2 and piercing the level 1.0182.
The pair continues the descending dynamics, confirming the resistance line 1. After the piercing the support level 79.74, the pair started the sharply decline. The nearest level on the way of the falling price – 79.36, and below it the previous low 79.22 lies. The moving averages have given the bearish signal.
On the 1-hour chart:
The pair is moving within the lines 1 and 2. The resistance line 3 restricts the price dynamics within the channel. The pair started the testing 79.36. The moving averages continue to show the confident descending trend.
On the 15-minute chart:
The pair has been lowering along the line 1, but it fell to the support line 2 and level 79.36 after the piercing the level 79.47. Recommendation: wait for the piercing of the support level and open the short positions.
The pair increased to the resistance level 0.9789 and started the correction. It had been formed the support line 1 and the resistance line 2. The price decreased below the support line at the moment and reached the support level 0.9750. The Moving Averages confirm the upward trend.
On the 1-hour chart:
The price remains to move along the resistance line 1. At the moment the pair decreased below the support line 2 and rests the support level 0.9750. The Moving Averages show the slowdown of the growth.
On the 15-minute chart:
The pair consolidates between the support line 1 and the resistance level 0.9750 for the second day. If the support level could be stronger the resistance line the growth will continue. In the case it could be started the buying after the previous local high level 0.9789. If the resistance level could not been broken, it will form the flat. If the resistance line could be stronger than the support it will continue the decrease. In the case the breakthrough of the level 0.9690 will be the first reverse signal.
The pair broken the resistance line 2 and formed the line 3 after the rebound from the support line 1. The Moving Averages show the slowdown of the decrease. Previous local high had not been broken according to this the trend remains.
On the 1-hour chart:
The pair tested the support level 1.5475 and broken the resistance level 1.5499 in the middle of Monday. The pair rebounded from the resistance level 1.5530 and continued the trend dynamics after the break through. It had been formed the resistance line 2 as well. The Moving Averages could give the reverse signal in the near future.
On the 15-minute chart:
The pair becomes clamped between the resistance line 1 and the support area 1.5499/5505 after the rebound from the resistance level 1.5530. If the resistance line could be broken the growth will continue. The break through the resistance level 1.5542 could be a reverse signal. If the support area could be broken, the trend dynamics could continue.
The pair remains the upward dynamics. The price overcomes the resistance line 2 and approaches to the line 3. As well, it had been formed the support line of the correction 4. The Moving Averages show the remaining of the bearish trend.
On the 1-hour chart:
The pair remains to correct. The support line 1 and the resistance line 2 had been broken. The line 1 had been confirmed as a resistance. It had been formed the support line of the correction 3. The price finished the growth near the resistance level 1.2319. The Moving Averages remains to show the slowdown of the downward trend.
On the 15-minute chart:
The pair fluctuates in the trend direction after the rebound from the resistance level 1.2319. The price places between the support line 1 and the resistance line 2.The support line 3 had been broken soon. If the present tendency could remain, the probability of the second testing of the support level 1.2266 will increase. If the resistance line could be broken the flat dynamics will remain.
The pair remains to increase between the support line 1 and the resistance line 2. It had been broken the resistance line of the correction 3 that had been formed before. After that the pair increased to the level 0.9802 with the break through the level 0.9789. The Moving Averages remain the bullish tone.
On the 1-hour chart:
The pair started the day between the level 0.9789 and 0.9802. The price moves in the direction of the support line of the tendency 2. The Moving Averages show the remaining of the trend direction.
On the 15-minute chart:
The pair continued the correction between the support line 1 and the resistance line2. The price decreased below the support level 0.9789 however it had arrived back to the resistance line and moves in the direction of the support line 3 to the moment. If the tendency could remain the price will rebound from the support line the growth will continue. In the case, it could be opened the long positions from the level 0.9802. If the price could break the resistance level 0.9802 and the support lines 1 and 3 traders will reach the strong signal to the remaining of the decrease.
The pair started the increase after the rebound from the support level 1.5473. It had been broken the level 1.5479 and the resistance lines 1 and 2. The support line 3 had been formed as well. Later the support line of the correction 4 had been formed as well. The level 1.5541 had been broken as well. The Moving Averages show the approaching to the reverse point. The break through the resistance level was a good entering point to the long position.
On the 1-hour chart:
The growing tendency started with the rebound from the support level 1.5475 in the point of the cross with the support line 1. The support line of the correction 2 had been formed during the increase. The resistance lines 3 and 4 had been broken. The pair broke the resistance level 1.5532 to the moment. The Moving Averages gave the reverse signal.
On the 15-minute chart:
The pair rebounded from the support line 1 and broken the levels 1.5532 and 1.5542 to the moment. If the tendency could remain the pair will reach the resistance line 5 on the 1-hour chart. If the decrease could start the pair will arrive below the level 1.5542 and broken the support line 1. In the case the flat would continue.
The pair fluctuates in the downward corridor between the support line 1 and the resistance line 2. The price broke through the support lines 3 and 4 after the rebound from the resistance line. After that it had been formed the support line 5. The price clamped between the support line of the correction 5 and the short-term trend line.
On the 1-hour chart:
The pair reached the level 1.2248 and the correction in the direction of the trend line 0 had continued after the break through the support level 1.2266. After the rebound from the support line it had been formed the support line 1. The price increased higher the resistance line 2 during the growth. The pair clamped between the support line of the correction 1, the trend line 0, and the resistance level 1.2266.
On the 15-minute chart:
The pair started the day with the rebound from the support level 1.2248 in the point of the cross with the support line 1. The resistance lines 2 and 3 had been broken during the increase. The price rebounded from the resistance level 1.2266 to the moment. If the flat tendency could remain, the pair will reach the trend line 0. If the support level could be broken the decrease will continue. If the resistance level the further dynamics will be restricts by the resistance lines 4 and 0.
The growing pair continues the testing of the support line 1. The moving averages are about to provide the bullish signal. If the pair will decline below the level 1.0195, we would be able to forecast the confirmation of the support line 2.
On the 1-hour chart:
The pair rebounded from the resistance line 1 and the level 1.0226 at the beginning of the Asian session and pierced the support line 2 and 1.0210 during the falling. After the changing the pair dynamics to the growth, we could consider the forming of the new support line.
On the 15-minute chart:
After the rebound from the resistance line 1, the pair is declining confidently within the descending channel, clumped by the lines 2 and 3. The price is in the correction phase. The piercing of the support 1.0195 would be a signal of the falling resumption. Recommendation: keep the short positions opened, but be ready for the rebound from the level.
The pair continues the growth along the support line 1. The price entrenched above the level 1.0199. The nearest resistance lies at 1.0262. The moving averages are showing the consolidation.
On the 1-hour chart:
The pair is fluctuating between the support 1 and resistance 2. The pair is trying to hold above the level 1.0233 at the moment. On the current timeframe, the moving averages also show the flat character of the dynamics.
On the 15-minute chart:
The pair is growing along the support line 2 during the last hours. The closest resistance level lies at 1.0246, which goes right after the yesterday high 1.0240. Recommendation: move the stop losses closer to the current price.
