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Trend analysis of the EURUSD for 12/06/21


EURUSD

On the 4-hour chart:

The pair remains to move inside the channel between the trend line 0 and the channel line 1. The price increased to the resistance line 2 earlier. It started the testing of the resistance level 1.2711 after the small recoil. The price tested the level for a few hours. After that it was a rebound to the support level 1.2667. The fluctuations place in the diapason between the support level and the resistance level. The Moving Averages confirm the flat tendency.

On the 1-hour chart:

The price left the corridor between the support line 1 and the resistance line 2 to the end of Wednesday by the break through the support line. It is important to note the formation of the downward channel between the support line 3 and the resistance line 4. The Moving Averages confirm the flat character of the dynamics.

On the 15-minute chart:

The price remains to decrease inside the divergent corridor between the support line 1 and the resistance line 2. The price had foothold under the line 3 at the beginning of the day. The pair decreased under the trend line now. The nearest support places at the level 1.2633. If present dynamics could remain, flat tendency will be replaced by the reverse. The foothold of the price under the level 1.2633 could be a good entering point for short position in case of the presence of the reverse signal from the MAs. If the price could arrive above the trend line, the growth will continue. In the case trades could open the long positions from the trend line.

 

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Trend analysis of the USDCAD for 12/06/22


USDCAD

On the 4-hour chart:

Against the background of the growth, which caused by the news, the descending trend line has been pierced. The price confirmed the resistance level 1.0289. The moving averages are lately registering the reversal tendency.

On the 1-hour chart:

The correction of the descending trend unexpectedly ended by the piercing of its top border – the line 1. The growing price has found the resistance in the area 1.0089/95. After that, the flat between the mentioned area and the level 1.0272 followed.

On the 15-minute chart:

The short-term ascending trend line 1 has been pierced. The pair turned to flat. The moving averages confirm the horizontal direction of the dynamics. Recommendation: close the long positions near the level 1.0289 and wait for the end of the flat.

 

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Trend analysis of the AUDUSD for 12/06/22


AUDUSD

On the 4-hour chart:

After the rebound from the resistance area 1.0199/217, the pair started the sharply decline. The support lines 1 and 2 had been pierced. The moving averages confirm the reverse. The breaking through the support level 1.0030 started.

On the 1-hour chart:

The lines 1 and 2 are restricting the downward channel, within which the pair has been falling during the second day. The impulse, caused by the macroeconomic news, is weakening. The nearest support levels are 0.9988 and 0.9971.

On the 15-minute chart:

Besides the borders of the channel – lines 1 and 2, the support line 3 affects the dynamic of the pair. In case of piercing of the support area 1.0030/25, there is a possibility of the forming of less aggressive downward trend. Recommendation: keep the short positions opened, but move the stop losses not above the 1.0040, close the positions with the first signs of the flat.

 

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Trend analysis of the USDJPY for 12/06/22



USDJPY

On the 4-hour chart:

The three-day ascending trend, which has been clamped by the lines 1 and 2, continues. The pair reached the key resistance level 80.45 and started to rebound after the touching of it. The testing of the level could result the end of the growth.

On the 1-hour chart:

The pair movement is restricted by the level 80.45 from the top, while the line 1 gives a confident support. The breaking through the numerous resistance levels weakened the trend significantly, although the moving averages are showing the serious bullish bias.

On the 15-minute chart:

After the rebound from the 80.45, the pair confirmed the level 80.32 as a support. The price continues the growth. In this case, piercing of the resistance, rebound with the following falling and flat are equiprobable. Recommendation: trade only after breaking through the resistance; in the opposite case wait for the stabile dynamics.

 

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Trend analysis of the GBPUSD for 12/06/22


GBPUSD

On the 4-hour chart:

The pair had broken the support level 1.5715 and had rebounded downwards with the confirmation of the level as a resistance. The support line 2 had been broken later and the price decreased to the trend line 0. As a result of the decrease it was formed the resistance line 3. The price is clamped by the trend line 0 and the resistance lines 2 and 3. The Moving Averages show the presence of the strong correction; however the reverse signal had not been reached.

On the 1-hour chart:

It had seen a rebound from the level 1.5715 and had confirmed it as a resistance. After that intensive decrease started. As a result, the pair broke the support line 1 in the point of the cross with the level 1.5636 and decreased to the level 1.5575. At the moment the pair arrived above the trend line 0 and reached the resistance level 1.5636. The Moving Averages show the presence of the downward tendency.

On the 15-minute chart:

The pair arrived higher the trend line 0 and the line 1 at the beginning of the day. The price moved along the trend line after it arrived above the line. However the price dropped the line 1 later with the confirmation of the line as a support. After that the pair arrived above the trend line. The price clamped between the trend line 0 and the resistance lines 2 and 3. If the pair could fix under the trend line and the resistance lines could not be broken, it will form the downward trend. In the case the price will move in the channel between the lines 1 and 2. If the trend line could be stronger the resistance lines 2 and 3 it will be a breakthrough of the levels 1.5636 and 1.5646.

 

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Trend analysis of the EURUSD for 12/06/22


EURUSD

On the 4-hour chart:

The price broke the support line 1.2667 and the trend line after the rebound from the resistance 2. The decrease was strong enough. It had been broken the level of the previous local low 1.2559. The Moving Averages prepares to give the reverse signal.

On the 1-hour chart:

The pair broke the support line of the channel 2 and the trend line 0 after the rebound from the resistance line 1. The level of the previous local low 1.2559 had been broken to the end of the day with the lowering to the level 1.2533. The price rebounded upwards and confirmed the level 1.2559 as a resistance after the support level had been reached. As a result, it had been formed the resistance line 3. The Moving Averages show the presence of the downward trend. As well, the reverse signal had been reached yet.

On the 15-minute chart:

The day had started with the rebound from the level 1.2533. After that it was the increase to the level 1.2560 that had been confirmed as a resistance. The second rebound from the support level was further. Considering all, the pair started the consolidation in the flat channel between the support and resistance levels. To the moment the pair broke the resistance line 1. The flat tendency is the most probable situation. Traders should pay enough attention to the resistance line 2. If the resistance line could be broken, the flat will remain. If the resistance level could be broken as well, it will be recoil upwards. However if the support level could be broken, the price will decrease between the support line 1 and the resistance line 2.

 

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Trend analysis of the USDCAD for 12/06/25


USDCAD

On the 4-hour chart:

After the rebound from the level 1.0295, the pair lowered to 1.0260, but failed to foothold below that support. The trend line 1, which has been formed at the middle of the last week, also gives a support to the price. The moving averages are ready to cross, which would be a bullish signal.

On the 1-hour chart:

The growing pair is testing the resistance area 1.0269/72. In the case of success, the price would open the way to the key level 1.0295. The consolidation between the mentioned resistance and the support line is possible.

On the 15-minute chart:

The pair has reached the channel line 2 and started the correction. The closest resistance levels are 1.0281, 1.0286 and 1.0289. Recommendation: trade after the rebound from the line 1 counting on the continuing of the growth after the end of the correction.

 

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Trend analysis of the AUDUSD for 12/06/25


AUDUSD

On the 4-hour chart:

Opened with the small downward gap, the pair has been trading with decline during the Asian session. The support 1.0030 has been pierced. The next support level lies at 0.9993. The moving averages continue to show the descending tendency.

On the 1-hour chart:

After the breaking through the channel between the lines 1 and 2, the pair grew to the level 1.0068, but we can see the decline since the beginning of the week. The short-term downward trend line 3 has been formed. The moving averages confirm the continuing of the falling.

On the 15-minute chart:

The lines 1 and 2 outline the descending trading channel. The pair rebounded from the line 2 and turned into the technical correction phase. Recommendation: wait for the resumption of the descending movement, after that continue to trade on the short positions.

 

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Trend analysis of the USDJPY for 12/06/25


USDJPY

On the 4-hour chart:

The pair, which grew by 150 pips last week, rebounded from the key resistance level 80.45. The price has left the channel, clamped between the lines 1 and 2. The support level 80.10 is under the testing now. The next levels are 79.94 and 79.65.

On the 1-hour chart:

After the leaving of channel between the lines 1 and 2, the pair formed the descending trend line 3. The price pierced the support level 80.29 and started the testing of the 80.10 now. The moving averages have had a time to change the direction, which confirms the reversal tendency.

On the 15-minute chart:

The falling along the line 1 pair has pierced the level 80.10, but started the upward correction. The nearest resistance lies at 79.94. Recommendation: keep the short positions opened counting on the resumption of the downward tendency.

 

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Trend analysis of the USDCHF for 12/06/25


USDCHF

On the 4-hour chart:

The line 1 had provided the strong enough support to break the trend line 0 and to leave the downward corridor between the trend line 0 and the channel line 2. The reverse had been from the support level 0.9448. The price increased above the level 0.9563 at the moment. The Moving Averages gave the reverse signal.

On the 1-hour chart:

It had been formed the support line 2 after the breakthrough. The pair had left the flat corridor between the support level 0.9563 and the resistance level 0.9583 with the break through the resistance level. After that the growth had continued. The Moving Averages show the presence of the upward trend.

On the 15-minute chart:

The pair fluctuates in the upward channel between the support line 1 and the resistance line 2. The price rebounded from the resistance level 0.9620 and had started the correction. As a result it was formed the resistance line 2. It expects that the price could not leave the channel during the correction. If the price could remain above the support line 1 and the level 0.9583 could not be broken, the growth will remain inside the present corridor. The resistance level could be broken to the end of the day approximately. If the support line 1 could be broken, the growth will be between the lines 1 and 2. The probability of the flat is pretty low. In the case the price will remain higher the support level however, the support will be broken. The break through the support level will be the first signal of the reverse.

 

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Trend analysis of the GBPUSD for 12/06/25


GBPUSD

On the 4-hour chart:

The pair had left the channel between the trend line 0 and the resistance line 1. The price had broken the support level 1.5575 after the break through the trend line. It had been formed the resistance line 3 during the decrease. The whole tendency between the support line 0 and the resistance line 1 could be determined as a flag pattern in case of the analysis on the larger time ranges. The Moving Averages prepare to confirm the reverse.

On the 1-hour chart:

The pair had formed the support line 1 after the break through the trend line 0. As a result, the price moved into the convergent channel between the support line 1 and the resistance line 2. The pair places between the support level 1.5484 and the resistance level 1.5575. The Moving Averages show the presence of the downward trend.

On the 15-minute chart:

The pair had started the day inside the corridor between the support level 1.5575 and the resistance level 1.5590. It had been formed more thin channel with the resistance line 3 after the second rebound from the resistance level. It had been formed the resistance line 4 after the breakthrough. The line could be broken in the near future. The nearest levels are 1.2484, 1.2455 and 1.2417. The main forecasts are decrease or flat between any of the levels. As well there is a likelihood of the recoil to the resistance line 2 if the support level could not be broken.

 

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Trend analysis of the EURUSD for 12/06/25


EURUSD

On the 4-hour chart:

The pair had left the upward corridor between the trend line 0 and the channel line 1. A break through the trend line had been after the rebound from the resistance level 1.5711. The price decreased sharply to the level 1.2560. After that the decrease slowed down. The reverse signal from the Moving Averages had been reached.

On the 1-hour chart:

Flat tendency had remained at the first part of the day. The support line 1 had been formed during the side way tendency; the line had been broken during the intensive decrease. The price places between the support level 1.2484 and the resistance level 1.2533. If the flat tendency could be determined as a flag pattern it will be expecting the decrease by more than 100 pips. The Moving Averages show the presence of the strong downward trend.

On the 15-minute chart:

The pair started the day between the resistance level 1.2560 and the support line 1. The price decreased under the line 1 and fluctuated below the line for a few hours. After that the pair broken the support line 2. It had been formed the resistance line 3 after the break through the support line 2. The pair approaches to the support level 1.2484. The nearest support levels are 1.2484, 1.2445 and 1.2417. There is a probability of the flat tendency formation between the levels. Also, the price could reverse from any of the levels.

 

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Trend analysis of the USDCHF for 12/06/26


USDCHF

On the 4-hour chart:

The pair had finished the increase before it had been reached the local high at the level 0.9622. The price places betweent he support line 1 and the resistance line 2 at the moment. The Moving Averages show the presence of the upward trend.

On the 1-hour chart:

The price had started the day between the lines 1 and 2. The break through the line 1 was after the rebound from the resistance level 0.9622 in the point of the cross with the resistance line 3. The price lowered to the support line 2 and after that it had started the growth. As a result, the price became clamped between the support line 2 and the resistance level 0.9622. The Moving Averages show the presence of the upward trend.

On the 15-minute chart:

The pair remains to move between the support level 0.9583 and the resistance level 0.9622. If the resistance level could be broken, the growth will continue. It could be expected the dynamics in the channel between the support line 1 and the resistance line 2. If the price could foothold under the support line the probability of the flat will increase. If the support level could be broken, it will start the decrease. The pair will be able to break through the support level 0.9563 in the case.

 

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Trend analysis of the GBPUSD for 12/06/26


GBPUSD

On the 4-hour chart:

The pair had broken the resistance line of the downward tendency 1 and had increased above the resistance level 1.5575. The price approaches to the previous local high level 1.5623. The Moving Averages show the presence of the flat dynamics.

On the 1-hour chart:

The price had left the downward channel between the support line 1 and the resistance line2. As a result, the pair become clamped between the support level 1.5575 and the resistance area 1.5623/30. It had been formed the support line 3 during the increase. The Moving Averages show the presence of the correction during the bearish trend.

On the 15-minute chart:

The pair had started the day between the support line 1 and 2 and the resistance lines 3 and 4. The price had been decreasing during the first hours of the session. The resistance line had been broken later bad the price became inside the upward corridor between the lines 2 and 4. The price had broken the resistance line of the channel and approaches to the resistance level 1.5623. If the resistance level could be broken, the growth will remain. To continue the decrease the pair will be able to break through the lines 2 and 4 as well as through the levels 1.5590, 1.5575 and through the level of the previous local low 1.5542. It could be the flat tendency for a few hours between the levels 1.2495 and 1.2516.

 

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Trend analysis of the EURUSD for 12/06/26


EURUSD

On the 4-hour chart:

The pair remains to fluctuate under the trend line 0. The price places between the support level 1.2495 and the resistance level 1.2516 at the moment. The Moving Averages show the presence of the downward tendency.

On the 1-hour chart:

The pair was decreasing lower the support level on Monday. However it fluctuates in the side way diapason between the support and resistance levels. It had been formed the lines 1 and 2 that restricts the movement upwards. The support line 3 restricts the decrease. It had been formed after the last rebound from the support level. The Moving Averages show the presence of the correction dynamics during the downward trend.

On the 15-minute chart:

The pair left the downward corridor between the support line 1 and the resistance line 2. The support line 3 had been formed after that. As a result, the price become clamped between the support line 3 and the resistance lines 4 and 5. If the support line could be broken, the decrease will continue. It could be expected the intensive dynamics however the possibility of the slow downward dynamics along the resistance is still remaining. If the resistance lines could be broken, it will be opened the way to the resistance level 1.2560.

 

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Trend analysis of the USDJPY for 12/06/26


USDJPY

On the 4-hour chart:

The declining pair is getting close to the bottom border 1 of the middle-term ascending trend. The line 2 has been formed. The resistance line 3 has not been confirmed yet. The nearest support level lies at 79.53. The moving averages confirm the forming of the downward tendency.

On the 1-hour chart:

The more detailed view shows that the pair is fluctuating in flat between the areas: resistance 79.69/74 and support 79.53/47. The moving averages are considering the descending tendency by inertia.

On the 15-minute chart:

The pair confirmed the support level 79.53, which is under testing now. The nearest key support is 79.47. Recommendation: wait for the end of the flat and trade in the new tendency direction.

 

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Trend analysis of the AUDUSD for 12/06/26


AUDUSD

On the 4-hour chart:

At the end of the previous and the beginning of the current week the support line 1 of the assumed descending trend had been formed. We would be able to talk about the final forming of the trend after the new local maximum appearance.

On the 1-hour chart:

The pair have pierced the yesterday resistance line 2 and continued the growth. The price tries to foothold above the level 1.0030. The nearest resistance lies at 1.0068. The moving averages show the possible reversal tendency.

On the 15-minute chart:

The growing between the lines 1 and 2 pierced the resistance area 1.0025/30 after the long testing. The price returned to the channel now. The forming of the new support line 3 is plausible. Recommendation: keep the long positions opened, but be ready for the correction from the line 2 or from one of the previous highs.

 

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Trend analysis of the USDCAD for 12/06/26


USDCAD

On the 4-hour chart:

The lines 1 and 2 were the borders of the forming triangle. The price pierced the line 1 and started the falling. The level 1.0260 has just been pierced and the price is trying to fix the success now. The closest key support lies at 1.0221.

On the 1-hour chart:

The pair is still testing the support 1.0260 and the line 3. The moving averages are changing the direction, following the price obediently. The nearest local low lies at 1.0240. The change of the dynamics to flat is possible at any time.

On the 15-minute chart:

The pair touched the support 1.0255 and started the recoil. The line 1 is not valid now. The price dynamics has formed the resistance line 2, which is under testing now. Recommendation: put the stop loss in the break-even and wait for the end of the correction.

 

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Trend analysis of the USDCHF for 12/06/27


USDCHF

On the 4-hour chart:

The pair remains the growing dynamics. The movement slowed down after the resistance level 0.9622 had been reached. As a result the support line 1 had been broken. The Moving Averages show the slowdown of the trend.

On the 1-hour chart:

The price recoiled below the support line 1 after the unsuccessful testing of the resistance level. It had been formed the resistance line 2 and the support line 3 during the decrease. The Moving Averages show the slowdown of the growth. However, the last local high and low had been higher than previous. It is the signal of the trend remaining.

On the 15-minute chart:

The pair fluctuates between the support line 1 and the resistance line 2. The price approaches to the support line 3. If the line 3 could be broken, the decreasing tendency will remain. The break through the support line 1 could mean the acceleration of the downward tendency. If the line 2 could be broken it will start testing of the resistance level 0.9622. In the case the upward trend will remain. If the lever could not be broken the price will recoil to the support level 0.9583.

 

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Trend analysis of the GBPUSD for 12/06/27


GBPUSD

On the 4-hour chart:

The pair remains the flat movement. However the trade channel had been extended. The support level moved from 1.5575 to 1.5555. The resistance level 1.5623 had been replaced by the level 1.5642. The Moving Averages confirm the flat tendency.

On the 1-hour chart:

The pair reached the resistance level 1.5642 and had rebounded downwards after that. As a result, the support line 1 had been formed. The price decreased below the support line2. The Moving Averages show the presence of the upward tendency at the stage of reverse.

On the 15-minute chart:

The pair tested the support level 1.5623 from the beginning of the day had decreased below it at the moment. If the tendency could remain, the price will foothold below the support line 1. It will be a good entering point for the short position with the target at the level 1.5575. Traders should pay attention to the level 1.5590. The line 2 will be a resistance line. The line 3 could be used as an oriental line of the tendency. If the tendency could be weak, the pair will get stuck between the support level 1.5590 and the level 1.5623. The break through the line 2 will be a signal of the growth continuation.