The pair breaks through the bullish trendline upwards
A continuation of the bullish trend up to the next resistance line at 0.62672 is likely expected.
Caution: A possible counter-trend in the direction of the support zone at 0.61753 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.62988 |
| 2nd High | 0.62739 |
| Next High | 0.62672 |
| Current Price | 0.62380 |
| Next Low | 0.61753 |
| 2nd Low | 0.61518 |
| 3rd Low | 0.61060 |
The combination moves from the descending trendline down.
A continuation of the downward movement downwards to the next support at 1.62899 is likely expected.
Caution: A possible change in the direction of resistance at 1.64597 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.64996 |
| 2nd High | 1.64756 |
| Next High | 1.64597 |
| Current Price | 1.63429 |
| Next Low | 1.62899 |
| 2nd Low | 1.62662 |
| 3rd Low | 1.62566 |
The pair jumps from the bearish trendline downwards
A continuation of the bearish trend downwards to the next support at 0.83905 is likely expected.
Caution: A possible change in the direction of the resistance level at 0.85495 could occur.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.87483 |
| 2nd High | 0.85614 |
| Next High | 0.85495 |
| Current Price | 0.84563 |
| Next Low | 0.83905 |
| 2nd Low | 0.83740 |
| 3rd Low |
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend will continue. Current target is 0.92393 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance line at 0.92635 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.92635 |
| Current Price | 0.92542 |
| Next Low | 0.91829 |
| 2nd Low | 0.91742 |
| 3rd Low | 0.91723 |
Correction of the major bearish trend broke the Fibonacci 0.79-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.682 at the Fibonacci level 1-Level. Caution: A possible change in the direction of the resistance line at 0.68200 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.68237 |
| Next High | 0.68200 |
| Current Price | 0.68191 |
| Next Low | 0.67372 |
| 2nd Low | 0.67313 |
| 3rd Low | 0.66965 |
The pair moves from the descending trendline down.
A continuation of the bearish trend down to the next support level at 0.84037 is certain.
Caution: A possible reversal of the trend in the direction of resistance at 0.84536 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Target of the current trend is 0.84037 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support line at 0.84536 could occur.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.84630 |
| 2nd High | 0.84550 |
| Next High | 0.84536 |
| Current Price | 0.84074 |
| Next Low | 0.84037 |
| 2nd Low | 0.83989 |
| 3rd Low | 0.83931 |
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Current target is 0.84037 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support line at 0.84252 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.84536 |
| 2nd High | 0.84529 |
| Next High | 0.84252 |
| Current Price | 0.84074 |
| Next Low | 0.84037 |
| 2nd Low | 0.83989 |
| 3rd Low | 0.83931 |
The combination moves from the bullish trendline upwards
A continuation of the uptrend up to the next resistance at 1.11887 is likely expected.
Caution: A possible reversal of the trend in the direction of the support zone at 1.11109 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.12012 |
| 2nd High | 1.11902 |
| Next High | 1.11887 |
| Current Price | 1.11449 |
| Next Low | 1.11109 |
| 2nd Low | 1.10725 |
| 3rd Low | 1.10053 |
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Current target is 0.5777 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support zone at 0.589900000 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.599200000 |
| 2nd High | 0.593400000 |
| Next High | 0.589900000 |
| Current Price | 0.582700000 |
| Next Low | 0.562000000 |
| 2nd Low | 0.559800000 |
| 3rd Low | 0.555600000 |
Correction of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend is expected. Target of the current trend is 7.65024E-6 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the support zone at 0.000007830 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000008200 |
| 2nd High | 0.000008060 |
| Next High | 0.000007830 |
| Current Price | 0.000007770 |
| Next Low | 0.000006990 |
| 2nd Low | 0.000006970 |
| 3rd Low | 0.000006940 |
The currency pair breaks through the bearish trendline up.
The bullish trend upwards to the next resistance level at 0.002275600 will persist.
Caution: A possible counter-trend in the direction of support at 0.002136100 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002347500 |
| 2nd High | 0.002319200 |
| Next High | 0.002275600 |
| Current Price | 0.002237300 |
| Next Low | 0.002136100 |
| 2nd Low | |
| 3rd Low |
The pair goes from the bullish trendline downwards
A bearish trend down to the next support line at 0.005817000 is expected.
Caution: A possible trend reversal in the direction of the resistance line at 0.006334000 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.006449000 |
| 2nd High | 0.006392000 |
| Next High | 0.006334000 |
| Current Price | 0.006491000 |
| Next Low | 0.005817000 |
| 2nd Low | 0.005790000 |
| 3rd Low | 0.005686000 |