AUDUSD Forecast June 12, 2015, Technical Analysis
The AUDUSD pair initially fell during the course of the session on Thursday, but bounced enough in order to form a bit of a hammer.
The AUDUSD pair initially fell during the course of the session on Thursday, but bounced enough in order to form a bit of a hammer.
GBPUSD is currently stalling at the 1.5500 area of interest once more, which has held as resistance then support in the past.
ad news out of Europe, Germany in particular, makes two potentially profitable outcomes significantly more likely. Firstly, the European Central Bank will be more flexible in its efforts to keep Greece in the Eurozone.
EURUSD stays in the upward price channel on daily chart, and remains in short term uptrend from 1.0462.
The AUDUSD pair broke higher during the day on Wednesday, as we slammed into the 0.78 resistance barrier.
Premier Li Keqiang said China is confident of keeping its annual growth rate around 7 percent for a fair period of time by persisting with its reform and opening-up and tapping its huge potential.
With the US dollar continuing to remain under pressure, despite last week’s positive jobs data, and with various central bank governors adding their weight to the mix, it’s a good time to take a quick look at our four major currency futures of the AUD/USD, CAD/USD, EUR/USD and the GBP/USD.
Regardless of what asset you are using to build a portfolio or trade having a clear idea of its risks and rewards are very important. However, understanding yourself is even more paramount.
The EURUSD pair fell initially during the course of the day on Tuesday, but found enough support near the 1.12 level to turn things back around and form a hammer.
The AUDUSD pair went back and forth during the course of the day on Tuesday, essentially settling nothing.