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EURUSD Show Strength

By DailyForex.com
By: Investija
EURUSD Technical analysis

EURUSD bulls have shown their strength, resistance level was a strong barrier for bulls side. Above this barrier, bears are in danger whereas bulls are controlling the current situation. Buying options are better to look for but it should be done with a care.

 TrendSupportResistance
Long TermPositive1.48321.4938

image

GBPUSD Technical analysis

At the moment resistance level holds bulls side from further climbing, today we can expect to see a test of this barrier. A potential breach is possible, this can initiate bulls confidence to reach new highs. For now, waiting action remains.


Trend
Support
Resistance
Long Term
Neutral
1.6308
1.6586

/files/Hillel2/gbpusd121.jpg


USDJPY Technical analysis

Bearish activity is valid for this currency pair, strong negative trend remains. A rebound from resistance level back to support is possible, but it is better to hold and way now to confirm how strong bulls activity is.


Trend
Support
Resistance
Long Term
Negative
85.13
86.96



USDCHF Technical analysis

This pair is very silent at the moment, after sharp slide downside, very low trading range is formed. Neutral situation remains, waiting action is better to take now.


Trend
Support
Resistance
Long Term
Neutral
0.9939
1.0146

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