Author: InstaForex.com

The AUD/USD is making a strong rollback off the resistance level near 1.0200. Earlier the pair has successfully tested the 1.0156 level.

The EUR/USD currency pair has found a strong resistance level near 1.3720-1.3740, to roll back further. Earlier on a 4-hour graph the EUR/USD has formed candlestick combination Falling Three Methods, indicating downside movement.

H4 Despite reckless efforts of the bulls to restore the market, the AUD could not break up above the Kijun-sen on 4-hour graphs. The aussie has bounced off it and tested the lower limit of the Cloud...

The EUR/USD currency pair is demonstrating downside movement to the support level 1.3538. Earlier on a 4-hour graph the EUR/USD has formed candlestick combination Falling Three Methods, indicating downside movement.

H4 The consolidation on the AUD market has continued. While on Monday the prices were moving in a quite narrow sideways corridor, on Tuesday the volatility grew.

Earlier on a 4-hour graph the EUR/GBP has formed candlestick combination Piercing Line, which indicates upside movement.

On a 4-hour graph the EUR/JPY currency pair is probably forming a Falling Three Methods candlestick combination. As is known, this model is a signal for further downside movement.

Support levels: 0.9820, 0.9711, 0.9650Resistance levels: 1.0057, 1.0050, 1.0212

4-hour timeframeTechnical data:Head channel of the linear regression: direction –upLow channel of the linear regression: direction – downMoving average (20; smoothed) – downCCI: -86.1244