Tag Archives: GBP/JPY

EUR/USD continues to post lower highs sinceits high at 1.3739. An hourly support area nowstands between 1.3603 (29/01/2014 low) and1.3583 (22/01/2014 high).

EUR/USD continues to drift lower after its peakat 1.3739. Hourly supports stand at 1.3625(intraday low, see also 50% retracement) and1.3583 (22/01/2014 high).

EUR/USD continues to struggle after its Fridayintraday bearish reversal near the resistance at1.3699. Hourly supports stand at 1.3625 (intradaylow, see also 50% retracement) and 1.3583(22/01/2014 high).

EUR/USD made an intraday bearish reversallast Friday near the resistance at 1.3699, whichfavours short-term caution. Hourly supportsstand at 1.3625 (intraday low) and 1.3583(22/01/2014 high).

EUR/USD moved sharply higher yesterday,breaking its declining trendline. A break of theresistance at 1.3699 would open the way forfurther strength towards the resistance at 1.3819.

EUR/USD continues to bounce after havingposted a new lower low at 1.3509. Hourlyresistances are given by the declining trendline(around 1.3620) and 1.3650 (16/01/2014 high).

EUR/USD’s bounce near the support at 1.3524has thus far been weak. Hourly resistances standat 1.3583 (16/01/2014 low) and 1.3650(16/01/2014 high, see also the decliningtrendline).

EUR/USD remains in a corrective phase after itsfailed attempt to break the resistance at 1.3832(25/10/2013 high), as can be seen by the recentlower lows. Monitor the bounce attempt nearthe support at 1.3524.

EUR/USD remains in a corrective phase after itsfailed attempt to break the resistance at 1.3832(25/10/2013 high), as can be seen by the recentlower lows.

EUR/USD has thus far failed to significantlyretrace its decline from the peak at 1.3893. As aresult, a test of the recent low at 1.3549(09/01/2014 low) is favoured.