Tag Archives: GBP/JPY

EUR/USD’s recent bounce is likely over. As aresult, a full retracement towards the key supportat 1.2501 is favoured.

EUR/USD continues to weaken, as can be seenby the break of the hourly support at 1.2706 (seealso the rising channel).

EUR/USD has weakened near the hourlyresistance at 1.2901.

EUR/USD continues to be well supported, ascan be seen by the succession of higher lowssince the one at 1.2501.

EUR/USD has faded near the resistance at1.2901. Monitor the hourly support at 1.2706(16/10/2014 low,

EUR/USD made a large daily lower shadowyesterday, suggesting persistent short-termbuying interest.

EUR/USD has broken to the upside out of itsshort-term symmetrical triangle.

EUR/USD has thus far failed to make anyhigher high. However, no lower low has beenmade either.

EUR/USD is consolidating after its steepdecline. Despite yesterday’s break of the hourlyresistance at 1.2716 (10/10/2014 high),

EUR/USD is consolidating after its steepdecline. An hourly resistance lies at 1.2716(10/10/2014 high).