Tag Archives: GBP/JPY

EUR/USD is showing signs of weakness near itskey resistance area between 1.3832 (25/10/2013high, see also the long-term declining trendline)and 1.3893.

EUR/USD remains close to the key resistancearea between 1.3832 (25/10/2013 high, see alsothe long-term declining trendline) and 1.3893despite yesterday’s weakness.

EUR/USD rose sharply on Friday. Prices arenow challenging the key resistance areabetween 1.3832 (25/10/2013 high, see also thelong-term declining trendline) and 1.3893.

EUR/USD bounced sharply yesterday,invalidating the short-term double-topformation. Hourly resistances now stand at1.3727 (intraday high, see also the 61.8%retracement) and 1.3773.

EUR/USD has broken the support at 1.3692,validating a short-term double-top with animplied target at 1.3611. Monitor the hourlysupport at 1.3657 (see also 38.2% retracement).

EUR/USD continues to move sidewaysbetween the support at 1.3692 and theresistance at 1.3773. The current mild correctionin prices (less than 38.2% retracement) and

EUR/USD is moving sideways between thesupport at 1.3692 and the resistance at 1.3773. The current mild correction in prices (less than38.2% retracement) favours a short-term bullishbias.

EUR/USD remains supported by its risingchannel (see also the support at 1.3692). Thebreak of the initial resistance at 1.3728 (intradayhigh) validates a tiny base formation, whichfavours a test of the resistance at 1.3773.

Trying to bounce near the support at 1.3692. EUR/USD has recently weakened. However, it remains supported by its rising channel

EUR/USD has broken the key resistance at1.3739, opening the way for a move towards theresistance at 1.3819. Hourly supports can befound at 1.3692 (see also the short-term risingchannel) and

EUR/USD has broken the key resistance at1.3739, opening the way for a move towards theresistance at 1.3819. Hourly supports can befound at 1.3692 (intraday low) and