Daily Forex market overviews by MasterForex

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TREND ANALYSIS OF THE USDCAD FOR 12/08/10

USDCAD

On the 4-hour chart:

The pair fluctuates between the lines 1 and 3. The price decreased to the support level 0.9905 earlier and the resistance line 2 had been broken. The Moving Averages show the downward trend.

On the 1-hour chart:

The pair started the day with the rebound from the point of cross of the line 1 and the level 0.9905. The level 0.9930 and the line 2 had been broken after that. The price moves in the direction of the high border of the channel. The Moving Averages show the slowdown of the decrease.

On the 15-minute chart:

The pair continued the growth between the lines 3 and 5 after the rebound from the support level 0.9930. The price had broken the resistance line 4 as well. If the tendency could remain the price will reach the resistance line 6. After that trades will start to wait for the rebound from the resistance line of the downward channel.

 

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TREND ANALYSIS OF THE USDJPY FOR 12/08/10

USDJPY

On the 4-hour chart:

The pair remains to fluctuate inside the convergent channel between the lines 1 and 2. The price rebounded from the resistance line 2 and approaches to the support line 1. The Moving Averages show the upward trend.

On the 1-hour chart:

The price started the day near the resistance line 1. The pair broken the line 2 and the level 78.50 and reached the level 78.40 after short-term testing of the resistance line. The Moving Averages show the slowdown of the growth.

On the 15-minute chart:

The pair decreased to the level 78.40 and rebounded upwards after the breakthrough the line 2. If the tendency could remain the price will break the resistance level 78.50 and will continue the growth. If the price could break the level 78.40 and the line 3 it will be the signal for reverse.

 

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TREND ANALYSIS OF THE USDCHF FOR 12/08/10


USDCHF

On the 4-hour chart:

The pair formed the support line 1 and broken the resistance line 2. The price increased to the level 0.9795. The Moving Averages show the formation of the reverse upwards.

On the 1-hour chart:

The pair started the day with the rebound from the support line 3 and increased to the level 0.9795. The Moving Averages show the upward trend.

On the 15-minute chart:

The pair rebounded from the support level 0.9755 and continued the growth. The price increased to the resistance line 2 however the further fluctuations had been placed along the resistance line 3. The line 3 had been broken later and the price increased to the level 0.9795. If the tendency could remain, the resistance level will be broken and the growth will continue. If the support line 3 could be broken the pair will start the reverse downwards.

 

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TREND ANALYSIS OF THE AUDUSD FOR 12/08/10

AUDUSD

On the 4-hour chart:

The pair remains the dynamics inside the upward channel between the lines 1 and 2. The pair broken the level 1.0535 and decreased to the support line 4 after the rebound from the point of cross of the lines 2 and 3. The Moving Averages show the slowdown of the growth.

On the 1-hour chart:

The pair started the day with the rebound from the resistance line 1. It had been formed the resistance line 2 during the decrease. The price reached the support line 3 to the moment. The Moving Averages gave the bearish signal.

On the 15-minute chart:

The pair remains downward dynamics along the line 1. The price reached the support line 4.If the tendency could remain the pair will break the line 4 and will continue the decrease in the direction of the support lines 1 and 2. If the price will break the support line 4 it will be a reverse.

 

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TREND ANALYSIS OF THE GBPUSD FOR 12/08/10

GBPUSD

On the 4-hour chart:

The pair remains to decrease after the rebound from the line 1. The price decreased below the support level 1.5584 and moves in the direction of the support lines 2 and 3. The Moving Averages show the slowdown of the growth.

On the 1-hour chart:

The pair started the day in the channel between the lines 1 and 2. It had been broken the support line 2 after the rebound from the resistance line 1. The price reached the point of cross of the support line 2 and the support level 1.5577. The Moving Averages gave bearish signal.

On the 15-minute chart:

The pair broken resistance line 3 and decreased to the level 1.5577 after the rebound from the resistance line 1. After that the price started the consolidation. If the support level could not be broken the price will increase to the resistance lines 1 and 2. If the level could be broken the price will break the line 3.

 

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TREND ANALYSIS OF THE EURUSD FOR 12/08/10


EURUSD

On the 4-hour chart:

The pair decreased to the support level 1.2275 and continued to test the level after the leap to the level 1.2308. The Moving Averages prepare to give the bearish signal.

On the 1-hour chart:

The pair started the day with the rebound from the resistance level 1.2308 and the price decreased below the line 1. The price is clamped by the lines 1 and 2 and tests the support level 1.2275. The Moving Averages show the downward trend.

On the 15-minute chart:

The pair started the day between the lines 1 and 2. The support line 3 had been formed during the fluctuations. The pair broke the support line 3 after the rebound from the resistance line. However the price arrived back into the channel. If the tendency could remain the price will break the line2. The foothold of the price below the level 1.2275 will be the signal for sales. If the price could arrive into the channel it will be expected the growth to the resistance line 1.

 

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TREND ANALYSIS OF THE USDCAD FOR 12/08/13

USDCAD

On the 4-hour chart:

The pair remains the dynamics between the lines 1 and 2. The price decreased to the support line 0.9905 after the rebound from the cross of the resistance level 0.9953 and the line 2. The pair started the day with testing of the support level 0.9905. The Moving Averages show the upward trend.

On the 1-hour chart:

The pair started the day in flat with testing of the support level 0.9905. The pair moves in the direction of the resistance line of the downward channel 2 during the correction. The Moving Averages show the slowdown of the downward tendency.

On the 15-minte chart:

The pair corrects in flat between the support level 0.9905 and the resistance level 0.9920. The price moves in the channel in the direction of the resistance line 1. If the tendency could remain the resistance line 1 will be broken. In the case the growth in the direction of the resistance line 3 on the 4-hour chart will start. If the pair could not break the resistance line the support level will be broken and the price will continue to decrease in the channel between the lines 1 and 2 on the 4-hour chart.

 

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TREND ANALYSIS OF THE USDJPY FOR 12/08/13

USDJPY

On the 4-hour chart:

The pair remains to decrease between the support line 2 and the resistance line 1. The pair broke the support line of the correction 5 after the rebound from the lines 1 and 3. The resistance line 3 had been formed as well. The price places between the lines 2 and 4 to the moment. The Moving Averages gave the bearish signal.

On the 1-hour chart:

The pair started the week between the levels 78.17 and 78.33. The support provides by the line 2 and the resistance by the line 1. The Moving Averages show the downward trend.

On the 15-minute chart:

The pair started the day between the lines 1 and 2. The price formed the resistance line 3 and broken the support line 1 after the rebound from the resistance level 78.33. The pair moves in the direction of the support line 4. If the tendency could remain the pair will continue to decrease. If pair could rebound the dynamics between the lines 1and 2 on the 4-hour chart will continue.

 

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TREND ANALYSIS OF THE USDCHF FOR 12/08/13

USDCHF

On the 4-hour chart:

The pair started the day between the support lines 1 and 2 and the resistance line 3. The pair remains to move inside the upward channel between the lines 1 and 4. The Moving Averages show the formation of the upward trend.

On the 1-hour chart:

The price started the week between the lines 1 and 4. The pair moves in the upward channel between the lines 1 and 2. The line 3 had been broken earlier. The Moving Averages show the upward tendency.

On the 15-minute chart:

The pair remains the consolidation between the lines 1 and 2. The price rebounded from the support line 1. If the tendency could remain the resistance line 2 and the level 0.9795 will be broken. If the resistance line could not be broken the pair will continue to decrease after the break through the support line 1 and the level 0.9755.

 

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TREND ANALYSIS OF THE AUDUSD FOR 12/08/13

AUDUSD

On the 4-hour chart:

The price remains the dynamics between the lines 1 and 2. The pair formed the support line 3 and the resistance line 4 after the rebound from the resistance line. The Moving Averages show the upward trend.

On the 1-hour chart:

The pair started the day between the lines 1 and 2. The price rebounded from the support level 1.0548. The Moving Averages show the formation of the consolidation.

On the 15-minute chart:

The pair fluctuates between the lines 1 and 2. The price rebounded from the line 1 and the growth started to the moment. If the tendency could remain the pair will break the line 2 and the growth will continue. If the pair could decrease below the support line 1 the decrease will start.

 

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TREND ANALYSIS OF THE GBPUSD FOR 12/08/13

GBPUSD

On the 4-hour chart:

The pair started the day in the upward channel between the lines 1 and 2 with the rebound from the resistance line of the channel. The resistance line 3 had been formed after the rebound from the point of the cross of the resistance line 2 and level 1.5682. The price is clamped between the lines 3 and 4 to the moment. The Moving Averages prepare to give the signal of the upward tendency.

On the 1-hour chart:

The pair started the day between the support line 1 and the resistance lines 2 and 3. The price rebounded from the support line 1 and broken the line 4 to the moment. The Moving Averages show the upward tendency.

On the 15-minte chart:

The pair remains the dynamics between the lines 1 and 2 from the end of Friday. If the lines 2 and 3 and the level 1.5682 could be broken the growth will continue. If the support line could be broken thr pair will decrease to the support line 4.

 

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TREND ANALYSIS OF THE EURUSD FOR 12/08/13

EURUSD

On the 4-hour chart:

The pair remains to fluctuate along the support line 1. The pair broke the resistance line 2 during the growth. As a result, the price remained to increase inside the upward channel between the support line 1 and the resistance line 3. The Moving Averages prepare to give the bearish signal.

On the 1-hour chart:

The pair started the day with the decrease to the support line 1. The pair increased to the resistance level 1.2295 and dropped for the second time after the rebound from the support line. As a result it had been formed the resistance line 2. The Moving Averages show the remaining of the downward trend.

On the 15-minute chart:

The pair remained to fluctuate in the upward corridor between the lines 1 and 2. The pair formed the resistance line 3 after the last rebound from the line 2. The price rebounded from the support line 1 and started the growth to the moment. If the tendency could remain the lines 3 and 4 will be broken. If the support line could be broken the decrease will continue.

 

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TREND ANALYSIS OF THE USDCAD FOR 12/08/14


USDCAD

On the 4-hour chart:

The pair left the downward channel between the lines 1 and 2 with the break through the low border of the channel. The price decreased to the support level 0.9905 and rebounded upwards. The level 0.9953 had been confirmed as a resistance after that. The Moving Averages show the slowdown of the downward trend.

On the 1-hour chart:

The pair decreased to the level 0.9905 and rebounded upwards with the formation of the support line 3 during the decrease between the lines 1 and 2. The price broken the resistance line 2 and remained to increase along the line 3 after that. The Moving Averages show the consolidation.

On the 15-minute chart:

The pair started the day with the rebound from the support line 1 and broken the line 2. The consolidation between the support line 1 and the resistance level 0.9935. If the tendency could remain the pair will arrive hack above the level 0.9935 that will open the way into the channel between the lines 1 and 2 on the 4-horu chart. If the price could rebound from the level 0.9935 and will break the support line and the price will remain to decrease.

 

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TREND ANALYSIS OF THE USDJPY FOR 12/08/14

USDJPY

On the 4-hour chart:

The pair remains to move in the bearish direction below the resistance line 1. The pair rebounded from the line 2 and decreased to the level 78.16 with the formation of the line 3 earlier. The line 4 had been formed as well. The upward channel between the lines 2 and 4 and the downward channel between the lines 1 and 3 had been formed as a result of the dynamics. The Moving Averages show the flat character of the dynamics.

On the 1-hour chart:

The price formed the upward channel between the lines 3 and 4 after the rebound from the cross of the lines 1and 2 and level 78.16. The level 78.33, 78.40 and 78.50 had been broken during the growth. The Moving Averages gave the upward trend.

On the 15-minute chart:

The pair fluctuates in the upward channel between the lines 1 and 2 for the second day. If the tendency could remain, the pair will increase to the resistance line 5. If the pair could decrease below the support line 3 the price will increase to the support line 2 of the 1-hour chart.

 

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TREND ANALYSIS OF THE USDCHF FOR 12/08/14

USDCHF

On the 4-hour chart:

The price remains to decrease between the lines 1 and 2 after the rebound from the high border of the channel and the level 0.9788. The support lines 3 and 4 had been broken during the dynamics. The resistance line 5 had been broken after that. The Moving Averages show the remaining of the bearish trend.

On the 1-hour chart:

The pair formed downward channel between the lines 1 and 2 after the rebound from the resistance level 0.9788. The day had started with the rebound from the resistance level 0.9744. After that the level 0.9715 had been broken. The price tests the level 0.9700 at the moment. The Moving Averages show the downward trend.

On the 15-mintue chart:

The pair started the day with the rebound from the cross of the line 1 and the level 0.9744. After that the price continued to decrease. The foothold expects below the level 0.9700 to the moment. If the tendency could remain the pair will decrease to the line 2 on the 4-hour chart. If the level 0.9700 could not be broken the price will increase to the resistance line 1 on the 4-hour chart.

 

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TREND ANALYSIS OF THE AUDUSD FOR 12/08/14

AUDUSD

On the4-hour chart:

The pair remains the upward dynamics between the support line 1 and the resistance line 2. The pair formed the channel of the consolidation between the lines 3 and 4 after the rebound from the resistance line of the channel. The price moves in the direction of the support line5. The Moving Averages show the formation of the reverse upwards.

On the 1-horu chart:

The pair formed the upward channel between the lines 3 and 4 after the rebound from the cross of the lines 1 and 2. The price increased above the level 1.0532 and reached the high border of the upward channel to the moment. The Moving Averages show the slowdown of the downward tendency.

On the 15-minute chart:

The pair moves in the upward channel between the lines 1 and 2 in the direction of the resistance line 3. If the tendency could remain the pair will reach the resistance line 3. If the support line could be broken the price will decrease to the support line 2 on the 4-hour chart.

 

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TREND ANALYSIS OF THE GBPUSD FOR 12/08/14

GBPUSD

On the 4-hour chart:

The pair fluctuates in the upward channel between the lines 1 and 2. The week had started above the level 1.5666. The price places near the high border of the channel. The pair increases in the direction of the resistance line to the moment. The Moving Averages show the upward trend.

On the 1-hour chart:

The pair moves near the high border of the channel 2 higher the support line 1. The pair started the day higher the level 1.5682. After that the growth continued. The Moving Averages show the upward trend.

On the 15-minute chart:

The pair increases between the lines 1 and 2. The price rebounded from the level 1.5682 and continued the bullish dynamics at the beginning of the day. If the tendency could remain the pair will foothold above the level 1.5707 and the growth will continue. If the price could break the support line 1 the pair will decrease to the support line 1 on the 4-hour chart.

 

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TREND ANALYSIS OF THE EURUSD FOR 12/08/14

EURUSD

On the 4-hour chart:

The pair remains to fluctuate in the upward channel between the lines1 and 2. The line 3 had been formed after the rebound from the support line. The resistance line 4 had been broken as well. The Moving Averages show the upward trend.

On the 1-hour chart:

The price started the day with the rebound from the support line. The pair formed the upward channel between the lines 2 and 3 after the rebound from the support line 1. However the previous local high level 1.2370 had not been broken yet. The Moving Averages show the upward trend.

On the 15-minute chart:

The pair started the dynamics in the direction of the resistance line 3 after the rebound from the cross of the lines 1 and 2. The upward channel between the lines 4 and 5 had been formed during the growth. If the tendency could remain and the resistance level 1.2370 could be broken the pair will increase to the resistance line 3. If the price will rebound from the resistance level the pair will break the support line 5 and will decrease to the line 2.

 

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TREND ANALYSIS OF THE USDCAD FOR 12/08/15

USDCAD

On the 4-hour chart:

The pair broken the resistance line of the downward channel 1 and formed the support line of the upward tendency 2. The Moving Averages show the slowdown of the downward trend.

On the 1-hour chart:

The pair started the day in the consolidation between the line1and the resistance level 0.9931. The pair started to test the resistance level after the rebound from the support line 1. The Moving Averages prepare to give the bullish signal.

On the 15-minte chart:

The price formed the upward channel between the lines 2 and 3 after the rebound from the support line 1. The price rebounded to the resistance line and started to decrease to the moment. If the tendency could remain the support line 2 will be broken. The break through the support line will mean the continuation of the downward trend. If the price could rebound from the support line the correction will continue.

 

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TREND ANALYSIS OF THE USDJPY FOR 12/08/15

USDJPY

On the 4-hour chart:

The pair remained the upward trend after the rebound from the cross of the support line 1 and the level 78.16. The channel between the lines 3 and 4 had been formed after the continuation of the trend. The high border of the channel 2 had been broken during the increase. After that the price continued the dynamics between the lines 3 and 4. The Moving Averages show the bullish trend.

On the 1-hour chart:

The price broke the resistance line 1 and continued the dynamics in the upward channel between the lines 2 and 3. The Moving Averages show the upward trend.

On the 15-minte chart:

The pair remained the dullish dynamics and rebounded from the support line of the channel 1 to the moment. If the tendency could remain the pair will continue the growth and will break the level 78.07. If the line 1 could be broken the pair will continue the growth along the line 1 on the 1-hour chart.