By: Investija
EURUSD Technical analysis
EURUSD negativeness for this pair is getting stronger, below support level bears are in better shape. According to previous bearish moves, support level stood as significant barrier. Finally bears did manage to break out by 1.4840 price level. At the moment it is better to look for selling possibilities.
USDJPY Technical analysis
USDJPY- currency pair has formed a channel which is moving downside. while support level at 88.10 is not broken - bulls are more confident and stay in safer area.
USDCHF Technical analysis
USDCHF- currency pair has formed a box, according to the positive trend, bulls are still safe. Just by breaking support level at 1.0143, bulls are in danger whereas bears will try to take over the control.
GBPUSD Technical analysis
GBPUSD- bears with continuation of low downswings, took downside this pair to the significant barrier for the fifth time during the last two months. Reaching 1.6240 price level, would bring more confidence for bears side.