*Daily Forex market overviews by MasterForex.com* - page 15

 

Trend analysis of the AUDUSD for 12/10/25

AUDUSD

On the 4-hour chart:

The pair left the descending trend channel between the lines 1 and 2 by piercing of the resistance. The price gained more than 100 pips for the last day. The resistance levels 1.0321 and 1.0348 have been pierced. The moving averages are showing the forming of the bullish tendency.

On the 1-hour chart:

The growing pair formed the ascending trend channel by the support line 1 and the resistance line 2. The moving averages provided a bullish signal. The nearest resistance lies at the previous local high level 1.0388.

On the 15-minute chart:

The pair continues the growth between the lines 1 and 2. The price confirmed the level 1.0365 as a support. Traders, probably, will take a profit at the level 1.0388 and resume buying after its piercing.

By MasterForex Company

 

Trend analysis of the GBPUSD for 12/10/25

GBPUSD

On the 4-hour chart:

The pair remains to move in the bearish corridor between the lines 1 and 2. The pair reversed upwards and had left the channel between the lines 3 and 4 with the break through the resistance line after the rebound from the level 1.5940. After that it had been formed the support line 5. The pair reached the resistance line 2 during the growth. The Moving Averages show the slowdown of the decrease.

On the 1-hour chart:

The price broke the resistance line of the downward channel 2 in the middle of Wednesday. The pair increased above the resistance line 3 on Thursday. The support line 4 had been formed during the increase. The Moving Averages gave a bullish signal.

On the 15-minute chart:

The pair increased above the line 1. If the dynamics could continue above the line, traders will gain the first signal for the breakthrough of the bearish trend. If it could be recoil below the line, downward tendency could continue and traders will start to pen short positions.

By MasterForex Company

 

Trend analysis of the EURUSD for 12/10/25

EURUSD

On the 4-hour chart:

The pair dropped to the support level 1.2930 after the break through the line1. The price broken the lines 4 and 5 and reached the resistance level 1.3000 after the rebound from the support level. The Moving Averages gave a bearish signal.

On the 1-hour chart:

The price dropped to the support level 1.2930 in the middle of Wednesday and changed the direction of the dynamics. The levels 1.2945, 1.2975, 1.2990 and 1.3000 had been broken during the increase as well as the lines 2 and 4. Moreover, the support line 3 had been formed. The Moving Averages show the formation of the reverse upwards.

On the 15-minute chart:

The pair places near the resistance line of the upward channel 4. If the resistance line could be broken, bullish dynamics will accelerate. Otherwise it will start the rebound in the direction of the support line 3. Traders should pay attention to the levels 1.2990 and 1.3000.

By MasterForex Company

 

Trend analysis of the USDCAD for 12/10/26

USDCAD

On the 4-hour chart:

The pair continues the dynamics between the support line 1 and the resistance area 0.9941/53. After the recoil from the line 1, the 50-pip growth followed. The resistance area is under testing now. The moving averages continue to show the moderate growth.

On the 1-hour chart:

The dynamics for the second half of the week formed the ascending trend channel between the support line 2 and the resistance line 3. Despite the fact that the moving averages continue to show the flat, the last days’ dynamics gives a hope to pierce the resistance 0.9941/53.

On the 15-minute chart:

During the Asian session, the pair was fluctuating between the level 0.9941/53 and then pierced the resistance. Now the price is trying to hold the result. The clear break of the key area 0.9941/53 will be a bullish signal.

By MasterForex Company

 

Trend analysis of the USDJPY for 12/10/26

USDJPY

On the 4-hour chart:

The pair increased above the resistance level 80.10; however it could not hold the result. The recoil from the resistance line 1 had been a cause for the bearish dynamics. The price broke the support line 2. The Moving Averages determine the correction of the upward trend.

On the 1-hour chart:

The decreasing pair approaches to the support lines 1 and 2 as well as the level 79.85. The price lost almost all yesterday profit. The Moving Averages determine the deep correction or the reverse of the upward trend.

On the 15-minute chart:

The pair formed the resistance line 1 during the Asian session. The decrease accelerated during last hours. The price confirmed the support at the level 79.75. The break through the level will show to the upward dynamics.

By MasterForex Company

 

Trend analysis of the AUDUSD for 12/10/26

AUDUSD

On the 4-hour chart:

The pair reached previous local high level 1.0388 and the downward dynamics started after that. The decreasing price broke the support level 1.0348 and started to test the 1.0321. The Moving Averages show flat.

On the 1-hour chart:

The decreasing pair formed the channel of the downward trend between the lines 1 and 2. The price places in the phase of the technical correction. Moreover it tests the level 1.0321. The Moving Averages prepare to give a bearish signal.

On the 15-minute chart:

The pair tests the support level 1.0321/14 with the approaching of the resistance line 1. Traders will continue sales in the case of the break through the support area. In the other case it will start the large flat.

By MasterForex Company

 

Trend analysis of the USDCHF for 12/10/26

USDCHF

On the 4-hour chart:

The pair remains to increase along the support line of the correction 4. The resistance line 3had been broken and that was a signal for the continuation of the growth. The Moving Averages show a bullish trend.

On the 1-hour chart:

The pair rebounded from the support level 0.9295 and had broken the lines 3 and 4 in the middle of Thursday. The price reached the resistance line 5 and the growth slowdown on Friday. The Moving Averages confirm bullish dynamics.

On the 15-minute chart:

It started the correction after the rebound from the level 0.9365. If the pair could break the level 0.9340 and the line 1, the decrease will continue. The foothold of the price below 0.9365 will be a signal for continuation of the growth.

By MasterForex Company

 

Trend analysis of the GBPUSD for 12/10/26

GBPUSD

On the 4-hour chart:

The pair increased above the trend line 2 during the growth. The price reversed downwards and had broken the support line of the correction 5 after the break through the level 1.6140. The Moving Averages gave a bullish signal.

On the 1-hour chart:

The pair broke the support line of the correction 4 and the level 1.6115 to the middle of Friday that was a signal for the end of the growth. Moreover it had been formed the resistance line 5. The price approaches to the level 1.6095. The Moving Averages show the slowdown of the growth.

On the 15-minute chart:

The pair moves in a bearish channel between the lines 2 and 3. If the support level 1.6095 could be broken, the decrease will remain. If the pair could break the resistance level 1.6115 and the line 2, the growth will continue.

By MasterForex Company

 

Trend analysis of the EURUSD for 12/10/26

EURUSD

On the 4-hour chart:

The dynamics remains in the downward channel between the lines 2 and 3. The price increased to the resistance level 1.3020 after the rebound from the level 1.2930 and the dynamics reversed downwards. The pair dropped below the previous local low. The Moving Averages show a bearish trend.

On the 1-hour chart:

The price continues the dynamics in the bearish channel between the lines 1 and 2. The pair rebounded from the cross from the lines 2 and 4 at the second part of Thursday. After that the line 3 and the levels 1.3000, 1.2990, 1.2975 and 1.2945 had been broken. It expects the foothold of the price above the level 1.2930. The break through the level 1.2990 and the line 3 had been a signal for opening short positions. Moreover, it had been formed the resistance line5. The Moving Averages show a bearish trend.

On the 15-minutechart:

It expects the foothold of the price below the level 1.2930. If the price could remain below the level, the decrease will continue. Traders will obtain the final signal for continuation of the trend. If the level 1.2930 and the line 5 could be broken, it will start the consolidation between the line 2 and the level 1.2930.

By MasterForex Company

 

Trend analysis of the USDCHF for 12/10/29

USDCHF

On the 4-hour chart:

The pair remains to increase in the channel between the lines 1 and 2. Previous local high level 0.9365 had been broken earlier. The Moving Averages show a bullish trend.

On the 1-hour chart:

The upward dynamics in the channel between the lines 1 and 2 is remaining. The pair approaches to the key-level 0.9380. Herewith the character of the dynamics shows the slowdown of the growth. The Moving Averages show the remaining of the increase.

On the 15-minte chart:

There has been a rebound from the level 0.9380. If the pair could not break the level, players will expect the recoil to the level 0.9360. The break through the level 0.9380 will be a signal for continuation of the purchases.

By MasterForex Company

Reason: