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  • #91
    There were news yesterday that should've driven EUR/USD to end its consolidation, but they had no result. I think we'll have to wait until next week.

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    • #92
      USD/CAD will likely retrace back to 1.3070, but I think that afterwards it will continue falling.

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      • #93
        The EUR/USD is trading higher today but it still remains in the range it's been in for the past few days. Once we see a break above 1.1460 then we might conclude that the sideways movement is over and the pair will go further up. Currently the EUR/USD is trading at 1.1435.

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        • #94
          EUR/USD is trading lower today reaching 1.1434 and currently trading at 1.1425. Price appears to be trading sideways range bound between 1.1350 and 1.1450. Should we see a break above 1.1480 then we may consider that the EUR/USD is on its way North. Until then market sentiment remains bearish with first target 1.1310 and second target 1.1290.

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          • #95
            USD/CAD is testing the support at 1.2870, if it breaks below that level it will most likely fall to 1.2600.

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            • #96
              USD/CAD continues falling after it broke below 1.2870, I have little doubt that it will reach the support at 1.2600 sometime soon.

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              • #97
                EUR/USD is trading lower today due to technicals impacting price movement. The pair reached resistance a few days ago going to 1.1470 and then took it down 1.1295. Currently, the EUR/USD is trading at 1.1304 with first support at 1.1270 and first resistance at 1.1450.

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                • #98
                  USD/CAD found some support at 1.2750 and is currently retracing. It's testing the resistance at 1.2860 at the moment and if it breaks above it it might reach 1.2900.

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                  • #99
                    The EUR/USD reached 1.1233 in today's trading session and is currently trading at 1.1258. 1.1260 is support now and price might attempt to climb above this level and possibly close the week above 1.13.

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                    • USD/JPY reached the resistance at 109.70, formed a doji candlestick and started falling. It's testing the support at 109.20 at the moment, if it breaks below that level it will likely reach 108.20 again.

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                      • The EUR/USD is trading relatively unchanged since yesterday's close as it seems to have been caught in a range between 1.1280 and 1.1240. A move to the upside might be expected as price is resting on a short-term support zone.

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                        • USD/CAD is testing the support at 1.2835. There is a hammer and an inverted hammer candlesticks at that level, so it's possible the pair will bounce off that level, but we should keep in mind that the trend is still very bearish.

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                          • The EUR/USD is trading higher today after technicals influenced the market participants. The pair reached 1.1274 in today's session and is now trading slightly above 1.13. Currently, price is resting on support level and bulls may try to push prices above 1.14.

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                            • EUR/USD made a high of 1.1344 today due to major support at 1.1260. Bears were not able to push price below support and bulls successfully brought the pair back into the ascending trading channel. Major bull target 1.1530.

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                              • USD/CAD might be forming a double bottom on the 4-hour time frame, but it's still too early to tell, I think. If it is indeed a double bottom the pair will start moving to the upside towards the resistance at 1.2840 again.

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