The Bitcoin has not been falling under the Key Level in May. After approaching the Support zone there was a pullback with the test of the recovery Uptrend. Though we can expect another test of the Resistance zone I expect the price to go on ranging nearby.
After the fake break of the Support zone the CAD/JPY was rising in the Uptrend channel. After the recent steep Uptrend the price has tested the Resistance zone and showing the pullback in price which is expected to continue.
After the sharp downturn the price for EUR/NZD has been fluctuating. The Support zone survived the last trend and tested the Resistance zone twice after that.Though the latter seems to be less reliable , according to MAs we are expecting the price to fall.
AUD/JPY is recovering after the sharp fall and oversold illustrated by the RSI. The Price has recently bounced from the Minor Support line and show the increase in price which is expected to continue.
The XRP/USD is slowly recovering in price after the steep downtrend. The price was testing the Uptrend line and finally has bounced so the pair is going to rise.
The analysis for the GBP/JPY has confirmed the direction of the price. The price still has not even tested the Support line , moreover the MAs provides no reason to assume that the current ranging price will dramatically change its movement. So relying on the Support line I assume it to go on ranging with possible slight decline.
The EUR/GBP after the Descending channel showed the steep uptrend with the expected followed decline. The price is in ranging finishing the formation of Cup and Handle pattern. I expect it to test the Resistance zone again.
The NZD/USD has recently broke the Resistance and sharply rising in the upward channel. Though according to EMAs there is no predicted trend reversal , I dont expect the price to break the channel so I expect the slight rise and the followed fall.
After ranging the price for USD/CAD on 4h chart has been declining showing the very steep downtrend. The form of the downtrend gives us reasons to believe that the price is going to pull back.
After the sharp Uptrend the USD/JPY has approached the Resistance Zone after which the tiny decrease in price followed. The MAs provide us reasons to believe that it will be the further movement of the price , since no trend switch is expected.
The EUR/JPY has recently tried to break the Resistance zone , yet the latter survived and we are in a pullback. There is no trend reversal to be expected , so the price is going to decline.
The Resistance zone of AUD/USD had undergone major tests, though survived it. The price pulled back to the Key Level from where the another bounce followed. Relying on the 15 and 30 MA I expect the bounce to continue hence the price is expected to rise. However , I don't really count on the Resistance Zone. The further updated will come soon.
According to the RSI 14 indicator the price for ETH/USD has recently been slightly oversold , so we are expecting its renewal trend. Though we are not observing the proper uptrend , the recent bounce of the support zone also provides ground to expect the rise in the price.
The EUR/NZD has been falling forming the Descending Triangle pattern. The price is expected to decline and leave the pennant.
The price for GBP/USD has recently approached the Support line and the latter happened has survived another test. The price bounced back and expected to rise slowly .
The NZD/USD is go on falling as was forecasted before. There is no predisposition for the price to change its general direction so as I have already mentioned it is going to form the Triple-Bottom pattern!
The BTC/USD has been showing an increase in price ranging in the Upward Channel.The recent fluctuation could seem like the price is going to leave the channel , but according to soon-to-be trend reversal I expect the price to come back to the Channel.
The USD/CHF has recently bounce from the Minor Support line. We can observe the quick and failed Uptrend , but despite that the price is decreasing at the moment , I expect it to bounce from the Key Level.