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EURUSD Best to Wait

By: Investija
EURUSD Technical analysis

EURUSD-Although currency price doesn't change for some time, the situation is bearish because trend is still negative. So it's quite difficult for the bulls to go into the market. Wait for a better option to go into the market.

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USDJPY Technical analysis

USDJPY-Prices are moving in a narrow range between support-87.49 and resistance-88.50. In current situation break out of these lines would be significant and would show a trend of the market.

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GBPUSD Technical analysis

GBPUSD - trend is still negative but bulls don't allow bears to take the leading position and pull the price down. Prices move in a narrow range. The aim of the bulls is to go above 1.6370 and then to think of opportunity to reach resistance at 1.6494.

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USDCHF Technical analysis

USDCHF-The situation is fully controlled by bulls again. Although price doesn't climb higher trend remains positive. For now is better to seek buying options especially after breaking resistance at 1.0283

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