The pair, which continues the growth along the line 1, returned to the tapering channel between the lines 2 and 3. The price pierced the resistance levels 1.0262 and 1.0292 and now trying to foothold above.
On the 1-hour chart:
The pair is growing within the middle-term ascending trend, clumped by the lines 1 and 2. The price is testing the bottom border of the channel intensively for the second day. The pair touched the resistance level 1.0313. The moving averages continue to show the moderated upward movement.
On the 15-minute chart:
The pair is fluctuating between the lines 1 and 2. In addition, during the last day the resistance line 3 has been formed. After the last rebound from it, the pair turned to flat between the levels 1.0313 and 1.0292. Recommendation: close the positions and wait for the confirmation or piercing the line 2.
The pair continues the decline within the expanding diapason between the support 1 and resistance 2 lines. The price recoiled from the resistance line, which was the end of the correction period. Another testing of the support area 78.93/86 is expected. The moving averages confirm the resumption of the decline.
On the 1-hour chart:
With the start of decline, pair confirmed the resistance line 1. In addition, the support line 2 has been pierced. The moving averages are showing the consolidation. The flat dynamics between the resistance 79.13 and support 78.93/86 is possible.
On the 15-minute chart:
During the end of Tuesday and beginning of Wednesday, the pair has been fluctuating between the levels 79.13 and 79.04. After that, the unsuccessful testing of the support 78.96/93 followed. The flat likeliness is high. Recommendation: close the positions unlit the clear dynamics would be formed.
The pair reached the support level 0.9764 and rebounded upwards during the increase. The level 0.9792 and the resistance line 1 had been broken. The price increased to the point of the cross of the resistance line 2 and the level 0.9838 and continued the trend dynamics along the line 1 during the correction. The Moving Averages show the approach of the reverse in the direction of the decrease.
On the 1-hour chart:
The pair reached the point of the cross of the lines 1 and 2 with the level 0.9823 in the middle of the Wednesday. After that it was a rebound. The pair decreased to the support line 3 and continued the dynamics along the resistance level 0.9792. The Moving Averages show the slowdown of the downward trend.
On the 15-minute chart:
The pair is correcting at the moment in the direction of the resistance line 1. If the tendency could remain the pair will break the resistance level 0.9792 and could reach the resistance line 1. If the pair could not break the level 0.9792 the trend dynamics will remain. Traders should pay attention to the line 2.
The pair remains to move in the upward direction above the support lines 1 and 2. The pair corrected to the support level 1.5599 and to the support lines 1 and 2. Herewith the resistance line of the downward tendency 3 had been broken. The Moving Averages show the upward trend.
On the 1-hour chart:
The pair decreased to the point of the cross of the support lines 1, 2 and 3 and the level 1.5599. The price continued the growth along the support line 1 after the rebound. The resistance line 4 had been broken. The pair reached the resistance line 5 to the moment. The Moving Averages show the upward trend.
On the 15-minute chart:
The pair increased to the resistance line 1 during the increase. After that it had started the correction. The price decreased to the support line 2 to the moment. If the support line 2 and 3 could be broken, the downward tendency will remain. The price could continue the decrease in the downward corridor between the lines 3 and 4 on the 4-hour chart. If the pair could break the resistance line 1 the growth will continue.
The pair decreased to the support level 1.2210 with the breakthrough of the support line 1. The pair rebounded from the level and continued the upward dynamics along the resistance line 1 after the support level had been reached. It had been broken the level 1.2256 during the growth. The Moving Averages show the approach of the reverse in the direction of the growth.
On the 1-hour chart:
The pair had reached the cross of the support line2 and 3 after the line 1 had been broken. The pair continued the upward dynamics above the support line 2 and along the line1 after the rebound from the cross of the lines. The Moving Averages show the upward tendency.
On the 15 mnin chart:
The pair started the day with the rebound from the resistance line 1. The pair rebounded from the resistance line 1 and started the correction in the direction of the support line 2 to the moment. The correction could finish near the support level 1.2278. If the level could be broken, traders will reach the first signal of the reverse. The break through the line 2 will be the second signal of the reverse. Traders could use the Moving Averages to open the positions. In the case of the rebound from the levels 1.2278 or 1.2265 the pair will continue the trend dynamics.
The pair continues the falling within the middle-trend descending trend between the lines 1 and 2. During the week there were formed the lines 3 and 4, which are clamping the divergent diapason of the pair movement. It’s important to mention, that the price pierced the key support level 1.0120. The moving averages are confirming the descending trend.
On the 1-hour chart:
The pair, which clearly declines within the downward channel between the lines 1 and 2, tapering the fluctuating diapason by forming the resistance line 3. The potential of lowering to the middle-term support line is approximately 50-60 pips.
On the 15-minute chart:
The pair is fluctuating between the lines 1 and 2. The pair is in the correction phase at the moment. The two-month low has been recorded at 1.0087. Recommendation: resume the trading after the end of the correction.
The pair continues the growth along the line 1. The price recorded the 10-week high at 1.0415. The testing of the resistance line 3 started. The moving averages continue to show the intensive ascending tendency.
On the 1-hour chart:
The pair is moving upwards between the support line 1 and resistance line 2. The resistance line 3 has been pierced. The price started to test the line 4. The moving averages continue to show the strong upward trend.
On the 15-minute chart:
The pair is growing within the large channel, marked by the lines 1 and 2. In addition, the support line 3 and the resistance line 4 during the last hours restrict the price dynamics. Recommendation: keep the short positions opened, but consider the probability of the correction.
The pair continues the decline between the support line 1 and resistance line 2. After piercing the area 78.72/64, the price touched the long-term support line 3 and showed the intention to recoil. The moving averages confirm the intensive downward trend.
On the 1-hour chart:
The falling pair pierced a few important levels and got close to the support line 2. The price rebounded from the level 78.53 and started the correction within the two-day descending trend. The signals of the trend finishing have not been received yet.
On the 15-minute chart:
The pair is fluctuating within the downward channel between the lines 1 and 2. After the rebound from the level 78.53, the pair turned to flat between the support and the resistance area 78.61/64. Recommendation: wait for the recoil from the line 1 and then start to sell. Herewith, it is important to consider the possibility of recoil from the line 3 in the 4-hour chart.
The pair left the corridor between the lines 1 and 2 and continued the dynamics along the line 3. The pair restricts by the resistance level 0.9789. The Moving Averages show the flat tendency.
On the 1-hour chart:
The pair is going to leave the consolidation area between the support line 1 and the resistance line 2. The decrease continued after the rebound from the resistance level 0.9798. The Moving Averages show the flat character of the dynamics.
On the 15-minute chart:
The pair tests the support line 1. If the line could be broken, the decrease will continue. If the support line could not be broken, the price will break the resistance line of the consolidation and the growth will continue.
The pair remains to move between the support line 1 and the resistance line 2. The rebound was from the resistance level 1.5725. The Moving Averages show the remaining of the upward trend.
On the 1-hour chart:
The pair remains the upward dynamics between the lines 1 and 2. The price started the day with the rebound from the level 1.5725 and remains the downward tone. The Moving Averages show the slowdown of the upward trend.
On the 15-minute chart:
The pair rebounded from the resistance line 1 in the point of the cross with the resistance level 1.5725 and reached the cross of the lines 2 and 3. The resistance line of the correction 4 had been formed during the decrease. If the support line could be broken, the pair will remain to decrease. If the pair could rebound from the line 2 and 3 the trend will remain and traders will continue the sales.
The pair changed the growth to the flat dynamics. It was an increase to the resistance level 1.2285 after the decrease to 1.2222. The price continued to move between the resistance level and the support level 1.2255. The Moving Averages show the strong slowdown of the decrease.
On the 1-hour chart:
The pair remains to move above the short-term trend line 1. The price started the flat between the support level 1.2255 and the resistance level 1.2285. The pair places on the level 1.2265 at the moment. The Moving Averages show the flat tendency.
On the 15-minute chart:
The pair consolidates between the support line 1 and the resistance line 2. The pair rebounded from the resistance line 2 to the moment. If the pair could remain the tendency, the support line 1 will be broken. Traders could start to open the short positions from the level 1.2248. If the price could break the resistance line, the growth will continue. The long positions could be opened from the level 1.2285.
The pair continues the falling within the descending trend, clamped by the lines 1 and 2. The lines 3 and 4 are the borders of the descending channel. The price recorded the 2-month low at 1.0064. The moving averages confirm the intensive downward dynamics.
On the 1-hour chart:
The pair pierced the support line 1, but found the support at 1.0069. Fluctuating along the level, the price returned to the previous diapason between the lines 1 and 2. The resistance line 3 also affects the dynamics of the pair.
On the 15-minute chart:
During the last 24 hours, the pair is fluctuating between the resistance level 1.0084 and the support 1.0069. Recommendation: wait for the end of the flat and open the position in the direction of the new tendency.
The pair recorded the new 3-month high at 1.0443, and then started the correction of the ascending trend, herewith confirmed the line 1 as a resistance. The price returned to the previous upward channel between the lines 2 and 3. The support line 4 has been formed.
On the 1-hour chart:
The pair continues the growth between the lines 1 and 2, which are the borders of the ascending trend. The price confirmed the resistance level 1.0427 and fell to the line 3. The moving averages started to change the direction to the horizontal.
On the 15-minute chart:
The lines 1 and 2 are restricting the descending dynamics of the pair. The price unsuccessfully tested the support line 3 backed by the line 4. Recommendation: wait for the end of the correction and open the short position from the resistance line 3.
The pair is lowering within the descending channel between the line 1 and 2, until it reached the intersection of the support lines 3 and 4, where finished the falling. After that, there was a short correction to the level 78.72. The pair is fluctuating in flat now.
On the 1-hour chart:
The yesterday flat between the levels 78.64 and 78.51 finished by the piercing of the resistance, but the pair has returned to the mentioned diapason. During the Asian session, the price was demonstrating the bearish dynamics. The moving averages confirm the descending tendency.
On the 15-minute chart:
The pair pierced the levels 78.82 and 78.64 ones more and continues the decline. The nearest support lies at 78.51, and the support line 1 is below it. There is a sense to mark the resistance line 2. Recommendation: keep the short positions opened.
The pair corrected to the support level 0.9763 and rebounded from the support line1 during the upward dynamics. After that the growth continued. The pair had broken the line 2 and 3 as well as the resistance level of the correction 0.9823. The Moving Averages show the upward trend.
On the 1-hour chart:
The pair rebounded from the support line 1 in the middle of Friday. The price corrected and continued the growth after the resistance line 3 had been reached. The Monday started with the gap above the line 3. Later the line 4 had been broken and the upward channel between the lines 5 and 6. The Moving Averages show the upward trend.
On the 15-minute chart:
The pair remained the upward dynamics between the lines 1 and 2. The price broke the resistance line 3 during the growth. If the pair could continue the increase traders will start to open the long positions from the level 0.9935. If the pair could leave the channel the growth will increase however the decrease could decrease in the case of the break through the line 1.
The pair changed the growth by the decrease from the point of the cross with the resistance level 1.5725 and the resistance line 1. It had been broken the lines 2, 3 and 4 as well as the levels 1.5663, 1.5599 and 1.5570. The Moving Averages show the end of the upward trend.
On the 1-hour chart:
The pair started the day with the rebound from the line 1 and formed the resistance line 2. The pair rebounded from the line 2 and continued to decrease in the direction of the support line 3 at the moment. The Moving Averages show the downward trend.
On the 15-minute chart:
The pair in the channel between the lines 1 and 2 in the direction of the resistance line 3. The price rebounded from the line 1 and continues the downward direction. If the support line 3 could be broken, the decrease will continue. Of the resistance line1 could be broken, the growth will continue.
The fat tendency had been replaced by the decrease. As a result it had been formed the resistance line 1. The support line 2 had been formed as well. The Moving Averages show the remaining of the decrease.
On the 1-hour chart:
The pair started the day with the correction however the price continued the downward dynamics along the resistance line after the price had reached the line 1 and rebounded from the line. The Moving Averages show the strong downward trend.
On the 15-minute chart:
The pair continues the dynamics inside the downward channel between the support line 1 and the resistance line 2. The pair moves in the direction of the resistance line 2 at the moment. If the price continues the dynamics the pair will decrease to the line 3. If the resistance line 2 could be broken price will increase to the line 4.
After the rebound from the support level 1.0072, the pair stated the intensive growth. The price pierced the resistance line 1 and the levels 1.0120 and 1.0133 as well. The pair is testing the resistance line of the middle-term trend 2 and the level 1.0162. The moving averages turned to the side of the price movement.
On the 1-hour chart:
During the intensive growth, the pair formed the support 1 and resistance 2 lines. The next resistance after 1.0162 lies at 1.0182. The moving averages have crossed at the end of the previous week signalizing the beginning of the upward tendency.
On the 15-minute chart:
The pair, which is growing within the channel between the lines 1 and 2, started the correction. The support line 1 is under testing now. The piercing of that line will confirm the level 1.0162, while the rebound will coincide with the piercing of the level. Recommendation: close the positions and wait for the outcome.
The pair has been lowering within the descending channel between the lines 1 and 2, until it pierced the support line. The fluctuating price formed the resistance line 3 on the last week. The support area 78.29/19 has been pierced. The moving averages still show the intensive downward trend.
On the 1-hour chart:
The pair broke through the support line of the middle-term descending trend 1 and started the sharply decline. The closest support level lies at 77.90. The moving averages confirmed the end of the correction.
On the 15-minute chart:
The falling pair formed the downward channel between the resistance 1 and support 2 during the Asian session. The price is in the correction phase at the moment. Recommendation: wait for the rebound from the line 1 or another signal of the end of correction and start to sell.
The pair still operates within the ascending channel, clamped by the support 1 and resistance 2. After the rebound from the level 1.0427, the pair started the correction aside the closest support at 1.0292. The moving averages confirmed the correction by the turnover.
On the 1-hour chart:
The correction dynamics is restricted by the line 1 from the top and 2 from the bottom. The pair pierced the support 1.0313 and got close to 1.0292. The moving averages intersected confirming the intensive downward dynamics.
On the 15-minute chart:
The moving within the mentioned descending channel (on the 1-hour chart) pair formed the resistance line 1 during the last hours. The testing of the support 1.0292 started. Recommendation: keep the short positions opened and wait for the piercing the support.
