EURUSD Bears Overcome Bulls

By: Investija

EURUSD Technical analysis

EURUSD bears overcome bulls side one more time by declining the price. Resistance level has moved up at 1.4444 price level. Today we should see another test of support level, a possible breakout can initiate stronger downtrend slide. Waiting action remains with selling possibilities.



USDCHF Technical analysis

USDCHF has continued jumping up and down, it is better to wait for now while this pair will choose the trend and picture is more clearer. At the moment waiting action remains.



USDJPY Technical analysis

USDJPY bears didn't manage to breakout by support level at 91.16, bulls overcome bears side and initiated a possible rebound back to resistance level at 93.06. According to the current positive trend, strong positive bulls movement is expected for now.



GBPUSD Technical analysis

GBPUSD activity holds on below support at 1.6058, bears are controlling the situation, however they still have lack of confidence where bulls can step to a market and make a turnaround point. At the moment waiting action is better option with selling possibilities.