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EURUSD Stays Positive

By: Investija

EURUSD Technical analysis


EURUSD stays positive, however bulls are struggling to reach new highs, resistance level stays still active. However, further jumping is expected, but while support line holds – bulls have chances to recover. For now waiting is better option.

 TrendSupportResistance
Long TermPositive 1.48261.5040


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USDJPY Technical analysis


Support level still holds, bulls took over bears for now. While support holds, bears movements are limited, but by breaking 88.81 price level, strong downtrend slide is possible. For now waiting is better option.


TrendSupport
Resistance
Long Term
Negative88.8189.67


image

GBPUSD Technical analysis


Buying options are risky to take now even though the trend is positive. Support level couldn't keep bears strong strength, and a breakout occurred. At the moment waiting is better option with short term selling possibilities.


TrendSupport
Resistance
Long Term
Positive 1.67631.6851


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USDCHF Technical analysis


Concentration in a new high by resistance level. Bulls have opportunity to break out by resistance and extend their current positive movement. However, for now further jumping in low trading range is expected.



TrendSupport
Resistance
Long Term
Neutral1.00631.0190


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