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EURUSD Bulls with Better Oppurtunities

By DailyForex.com

By: Investija
EURUSD Technical analysis

EURUSD bulls have shown their strong strength by reaching resistance level, a breakout of resistance can influence bears to surrender for a while and bulls have opened road. For now, bulls still have better opportunities.

 TrendSupportResistance
Long TermPositive1.48321.4938


image

GBPUSD Technical analysis



Significant barrier is broken at 1.6668 price level, above this level bulls are very confident. New price highs around 1.6830 are possible now by bulls side.



Trend
Support
Resistance
Long Term
Negative
1.6472
1.6668


image

USDJPY Technical analysis



According to the trend, selling options are still on a table. After a breakout of support level, bears overcome bulls side. In order to recover the price for bulls side, prices needs to reach 88.68 price level.



Trend
Support
Resistance
Long Term
Negative
88.68
89.14


image

USDCHF Technical analysis


Bears have extended their current negative trend further downside. At the moment, bears looking strong against bulls side. Selling actions are better to look for now.



Trend
Support
Resistance
Long Term
Negative
1.0078
1.0201



image

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