The pair breaks through the bearish trendline upwards
An ascending movement upwards to the next resistance line at 1.38285 will continue.
Caution: A possible reversal of the trend in the direction of the support zone at 1.38156 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.38362 |
| 2nd High | 1.38323 |
| Next High | 1.38285 |
| Current Price | 1.38258 |
| Next Low | 1.38156 |
| 2nd Low | 1.38141 |
| 3rd Low | 1.38133 |
The combination goes from the descending trendline down.
A continuation of the downtrend downwards to the next support line at 0.66504 will continue.
Caution: A possible counter-trend in the direction of resistance at 0.66913 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Target of the current trend is 0.66504 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support level at 0.66913 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.66988 |
| 2nd High | 0.66947 |
| Next High | 0.66913 |
| Current Price | 0.66572 |
| Next Low | 0.66504 |
| 2nd Low | 0.66218 |
| 3rd Low |
The combination goes from the bearish trendline down.
A continuation of the downward movement downwards to the next support line at 0.82946 is considered certain.
Caution: A possible change in the direction of the resistance line at 0.83461 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.83673 |
| 2nd High | 0.83635 |
| Next High | 0.83461 |
| Current Price | 0.83046 |
| Next Low | 0.82946 |
| 2nd Low | |
| 3rd Low |
Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 1.07918 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of support at 1.08377 could occur.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.08714 |
| 2nd High | 1.08589 |
| Next High | 1.08377 |
| Current Price | 1.07832 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
The currency pair jumps from the descending trendline downwards
A continuation of the downward movement down to the next support line at 0.521000000 is certain.
Caution: A possible change in the direction of the resistance level at 0.536700000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is certain. Current target is 0.5291 at the Fibonacci level 0-Level. Caution: A possible change in the direction of support at 0.536700000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.560800000 |
| 2nd High | 0.549800000 |
| Next High | 0.536700000 |
| Current Price | 0.524100000 |
| Next Low | 0.521000000 |
| 2nd Low | 0.520900000 |
| 3rd Low | 0.515500000 |
The combination goes from the ascending trendline downwards
A descending movement down to the next support line at 0.000009630 is certain.
Caution: A possible counter-trend in the direction of the resistance line at 0.000010940 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000011970 |
| 2nd High | 0.000011170 |
| Next High | 0.000010940 |
| Current Price | 0.000009790 |
| Next Low | 0.000009630 |
| 2nd Low | 0.000009370 |
| 3rd Low | 0.000008800 |
The combination moves from the ascending trendline downwards
A descent down to the next support line at 0.000009630 is expected.
Caution: A possible change in the direction of the resistance zone at 0.000010360 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Current target is 9.63E-6 at the Fibonacci level 1-Level. Caution: A possible change in the direction of the support level at 0.000010360 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000011070 |
| 2nd High | 0.000010940 |
| Next High | 0.000010360 |
| Current Price | 0.000009790 |
| Next Low | 0.000009630 |
| 2nd Low | 0.000009370 |
| 3rd Low | 0.000008800 |
The pair goes from the descending trendline down.
A continuation of the downward movement down to the next support line at 69.320000000 will persist.
Caution: A possible reversal of the trend in the direction of the resistance level at 71.620000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 76.190000000 |
| 2nd High | 75.880000000 |
| Next High | 71.620000000 |
| Current Price | 68.910000000 |
| Next Low | 69.320000000 |
| 2nd Low | 65.270000000 |
| 3rd Low | 64.120000000 |
The combination moves from the descending trendline down.
A continuation of the downtrend down to the next support line at 0.339300000 is considered certain.
Caution: A possible reversal of the trend in the direction of resistance at 0.371900000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.414100000 |
| Next High | 0.371900000 |
| Current Price | 0.360000000 |
| Next Low | 0.339300000 |
| 2nd Low | 0.331500000 |
| 3rd Low | 0.327200000 |
The pair jumps from the bearish trendline downwards
A continuation of the bearish trend down to the next support level at 0.355000000 will continue.
Caution: A possible change in the direction of the resistance line at 0.367000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Current target is 0.3579 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support level at 0.367000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.371900000 |
| 2nd High | 0.367900000 |
| Next High | 0.367000000 |
| Current Price | 0.360000000 |
| Next Low | 0.355000000 |
| 2nd Low | 0.353100000 |
| 3rd Low | 0.348200000 |
The currency pair moves from the bullish trendline downwards
A descent down to the next support at 4.146000000 is expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 4.615000000 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 4.964000000 |
| Next High | 4.615000000 |
| Current Price | 4.238000000 |
| Next Low | 4.146000000 |
| 2nd Low | 4.086000000 |
| 3rd Low | 3.951000000 |
The combination goes from the bullish trendline downwards
A bearish movement downwards to the next support line at 4.271000000 will continue.
Caution: A possible counter-trend in the direction of the resistance line at 4.349000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.615000000 |
| 2nd High | 4.437000000 |
| Next High | 4.349000000 |
| Current Price | 4.238000000 |
| Next Low | 4.271000000 |
| 2nd Low | 4.199000000 |
| 3rd Low | 4.173000000 |