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Current trend

On the 4-hour chart, the instrument is growing along the upper line of the Bollinger Bands. At the moment the price has met the resistance at the level of 0.68380.
Assuming the pair’s ability to cross this level, the mark of 0.68512 can be targeted if holding long positions. The area of 0.68512-0.68665 seem a strong resistance area which can restrict further rise. Meanwhile, the breakout of 0.68665 will accelerate the bullish momentum and give the prospect of growth to the level of 0.68831.
Alternative scenario.
If the sellers manage to decline the rate below the level of 0.68207, the correction can continue to the area of 0.68054. Should prices continue slipping under 0.68054 mark, the level of 0.67902 might try activating an upward rebound.
Technical indicators reflect the maintenance of the current upward dynamics. Bollinger Bands are diverging on the background of bullish momentum. The volumes of MACD histogram are growing in the positive zone. Stochastic is in the overbought area and is pointed sideways.

Support and resistance

Support levels: 0.68207, 0.68054, 0.67902.
Resistance levels: 0.68380, 0.68512, 0.68665.

Trading recommendations

Long positions can be opened above the level of 0.68380 with the target at around 0.68512-0.68665 and stop-loss 0.68285.
Short positions can be opened below the level of 0.68207 with the target at around 0.68054-0.67902 and stop-loss 0.68308.

Tren saat ini

Pada grafik 4 jam, instrumen ditradingkan di bawah garis tengah Bollinger Bands menunjukkan momentum bearish. Jika penjual berhasil menurunkan tingkat di bawah level 108.447, gerakan ke bawah dapat terus ke area 108.203. Area ini tampaknya merupakan level support kuat, yang dapat mengaktifkan rebound ke atas. Sementara itu, breakdown dan perdagangan berkelanjutan pasangan di bawah level ini akan memberikan prospek penurunan ke level 107.961-107.813.
Skenario alternatif.
Pullback di atas garis tengah Bollinger Bands (108.680) dapat menjadi awal untuk pembentukan gerakan ke atas. Satu dapat berbicara tentang kelanjutan pergerakan ke atas setelah harga berkonsolidasi di atas level resistance 108.933. Dalam hal ini, target pembeli selanjutnya adalah level 109,375.
Indikator teknis mencerminkan pemeliharaan moderat dari tren penurunan saat ini. Bollinger Bands sedikit condong ke bawah. Volume MACD menurun di zona positif. Stochastic mengarah ke samping.

Support dan resistance

Level support: 108.517, 108.203, 107.813.
Level resistance: 108.680, 108.933, 109.375.

Rekomendasi trading

Posisi buy dapat dibuka di atas level 108.680 dengan target di sekitar 108.933 dan stop-loss 108.595.
Posisi sell dapat dibuka di bawah level 108.517 dengan target di sekitar 108.203 dan stop-loss 108.621.

Current trend

The GBP/USD pair begins today’s trading with slight bearish bias. If the current trend maintains, the next targets of sellers will be the level of 1.28174. Assuming the pair’s ability to cross this level, the mark of 1.27755 (the middle line of Bollinger bands) can be reached as key target of correction. The area of 1.27555-1.27487 can activate an upward rebound, while its breakdown would allow the fall to continue. to the area of 1.26953 level, which seem a ley level for the sellers in short term period.
Alternative scenario.
If the instrument cannot consolidate below the level of 1.28174 during short term perod, the price can reverse and retest the resistance level of 1.28904. The upward trend will be restored after the price is set above the level of 1.28904. In this case, the next targets of buyers will be the level of 1.29395.
Technical indicators maintain a sell signal. Bollinger Bands are converginh on the background of bearish momentum. MACD histogram has moved to a decline in positiv zone, forming a weak sell signal. Stochastic is pointed downwards.

Support and resistance

Support levels: 1.28174, 1.27566, 1.26953.
Resistance levels: 1.28904, 1.29395, 1.29885.

Trading recommendations

Short positions can be opened below the level of 1.28100 with the target at around 1.27566, and stop-loss 1.25278.
Long positions can be opened above the level of 1.28904 with the target at around 1.29395 and stop-loss 1.28767.

Current trend

On the 4-hour chart, the instrument is falling along the lower line of the Bollinger Bands. Now we can see a slight upward correction is forming, but the general downward trend is still maintained. If the "bulls" manage to raise the rate above the level of 0.99380, the correction can continue to the area of 0.99487-0.99522. There is a chance of an downwards rebound, while its breakout will accelarate the pair towards 0.99640 resistance line. The level of 0.99640 will be a key level for the buyers.
Alternative scenario.
The downward trend will be restored after the price is set below the level of 0.99279. In this case, the next targets of sellers will be the level of 0.99182-0.99030.
Technical indicators mostly keep a sell signal but the upward correction is possible in the short term. Bollinger Bands are diverging on the background of bearish momentum. MACD histogram is in the negative zone keeping a signal for the opening of sell positions. Stochastic is in the oversold zone and is directed upwards, signaling the development of an upward correction.

Support and resistance

Support levels: 0.99335, 0.99182, 0.99030.
Resistance levels: 0.99487, 0.99640, 0.99792.

Trading recommendations

Short positions can be opened below the level of 0.99279 with the target at around 0.99182-0.99030 and stop-loss at 0.99331.
Long positions can be opened above the level of 0.99380 with the target at around 0.99640 and stop-loss at 0.99293.

Current trend

On 4-hour chart, the instrument is correcting up from the lower line of the Bollinger Bands. The price is approaching a strong resistance in the region of 1.32141, which corresponds to the middle line of Bollinger Bands and may be a key target of correction. There is a chance of an downward rebound, while its breakdown would allow the growth to continue to the area of 1.32367.
Alternative scenario.
If USD/CAD cannot consolidate above the level of 1.32141 during short term period, the downward movement restoration and retest of the support level 1.31836 are possible. The downward trend will be restored after the price is set below the level of 1.31836. In this case, the next targets of sellers will be the level of 1.31531. The technical picture is mixed. Bollinger Bands are pointed sideways. MACD histogram is in the negative zone keeping a signal for the opening of sell positions. Stochastic is pointed upwards, reflecting the possibility of the upward movement formation.

Support and resistance

Support levels: 1.32094, 1.31836, 1.31531.
Resistance levels: 1.32141, 1.32367, 1.32446.

Trading recommendations

Short positions can be opened below the level of 1.31836 with the target at around 1.31531 and stop-loss 1.31936.
Long positions can be opened above the level of 1.32141 with the target at around 1.32446 and stop-loss 1.32041.

Current trend

EUR/USD quotes attempted to grow, but reaching 1.10852 mark moved to a downard corrcretion. If the sellers manage to decline the rate below the level of 1.10745, the correction can continue to the area of 1.10626-1.10474. The area of 1.10370 will be a key zone for the shor term sellers.
Alternative scenario. The upward trend will be restored after the price is set above the level of 1.10852. In this case, the buyers will ai for level of 1.11084 resistance, which seem a key level.
There is a chance of an downward rebound, while its breakout would accelarete the upward trajectory in direction of level 1.11389. Technical indicators mostly keep a buy signal, but the downward correction is possible in the short term. MACD is growing in the positive zone. Bollinger Bands are diverging on the background of bullish momentum. However, as the Stochastic is in the oversold area, and the price has broken the upper border of Bollinger Bands, the downward correction is not excluded.

Support and resistance

Support levels: 1.10779, 1.10626, 1.10474.
Resistance levels: 1.10745, 1.11084, 1.11389.

Trading recommendations

Long positions can be opened above the level of 1.10852 with the target at around 1.10625-1.10779 and stop-loss 1.10773.
Short positions can be opened below the 1.10779 of 1.10168 with the target at around 1.10626-1.10474 and stop-loss 1.10880.

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