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EURUSD Looking Positive Ahead

By DailyForex.com

By: Investija
EURUSD Technical analysis

EURUSD despite the extreme spike low, bulls did manage to recover. Flag pattern formed after downswing, it can suggest another short term downswing, however this pair is looking positive and resistance line can be tested today.

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USDCHF Technical analysis


While support level holds, bearish movements are limited. A rebound back to resistance is possible, but trend still remains negative for this pair. For now waiting is better option.

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USDJPY Technical analysis



Bears are struggling to slide downside under support level, however trend is negative and all eyes are on selling for now. Despite the possibility of reaching resistance level, this pair is looking downside while resistance is valid.

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GBPUSD Technical analysis



Looks like bulls have issues in order to stay above resistance level, however buying options remain for this pair while candles stay above resistance. But long positions should be done with a care.

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