The EUR/USD continued its bearish momentum yesterday but still remains above support levels like the Fibonacci retracements and trend line. This zone could turn out to be a zone where price will show a bullish bounce (if it breaks above resistance) or a be
...The EUR/USD is trapped in between a support trend line and major tops, the GBP/USD broke support and could be continuing its downtrend, the USD/JPY is in a difficult spot and could continue its downtrend or retrace deeper, and the AUD/USD is a tight triangle that seems
...The EUR/USD has been going sideways during the last week and has not been able to break below the 50% Fibonacci level. A break above resistance could see price build a potential breakout. If it fails, then a bigger bearish retracement could commence toward
...The EUR/USD approached the 50% Fibonacci level. A break above resistance could see build a potential breakout. If it fails, then a bigger bearish retracement could commence.
The resistance trend line (orange) could behave a bounce or break spot.
The EUR/USD retraced back to the 38.2% Fibonacci level, which caused price to pause. A break down could see price fall deeper towards the 50% and 61.8% Fibonacci levels. A break up could price retest the resistance levels. A break below the support trend l
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