EURUSD recently broke below its descending triangle support at 1.1130 and has dipped to a low of 1.0988 before showing signs of a pullback. Applying the Fib tool on the latest swing high and low shows that the 61.8% Fibonacci retracement level lines up with the broken support, which might now hold as resistance.
The AUDUSD pair broke higher during the course of the session on Monday, but gave back more than half of the gains from the early part of the session.
The EURUSD pair fell slightly during the course of the session on Monday, and as a result I feel that there is more than enough support below to eventually find buyers, and I believe that the 1.1150 level below is massively supportive.
The AUDUSD pair initially fell during the course of the session on Monday, but then turned around to form a very positive candle.
The EURUSD pair initially fell during the course of the session on Monday, but turn right back around to reach higher.
GBPUSD’s downward movement from 1.3445 extended to as low as 1.2914.
EURUSD is forming a sideways consolidation in a range between 1.1123 and 1.1326.
AUDUSD is testing the support of the price channel on 4-hour chart.
The USDJPY pair went back and forth during the course of the session on Friday, ultimately settling on a neutral candle.
The Australian dollar initially rallied during the day on Thursday, but turned around to form a bit of a shooting star.
