EURCAD has turned lower after failing to sustain its latest push above the 1.6200 major psychological mark, and the pair is now sliding back toward the long-term support zone around the 1.6000-1.6050 psychological area.
EURGBP broke below its long-term descending trend line back in June, confirming a shift from the sideways-to-lower grind that had persisted for months.
EURAUD has been carving out a descending triangle pattern over the past couple of weeks, with lower highs connected by a descending trend line near the 1.6400 major psychological mark pressing down against a flat horizontal support around 1.6360.
EURJPY recently broke down sharply from its months-long consolidation, plunging through the 184.00 support area that had capped price action for weeks.
EURUSD recently broke above a double bottom neckline near the 1.1450 area, confirming a bullish reversal after weeks of consolidation between the 100 and 200 SMA. Price has since pushed as high as 1.15572, though it’s now pulling back slightly and currently trades near 1.15303.
EURUSD staged a sharp rally from the 1.1356 swing low, breaking above a period of consolidation to reach the 1.1539 mark before pulling back slightly to 1.1517.
EURUSD has been trading within a well-defined range for most of the month, bound by resistance around 1.1472 and support near 1.1377.
EURGBP has been under pressure since topping out in early June, with a descending trend line capping every attempt at a bounce along the way down.