AUD/USD Forecast March 29, 2016, Technical Analysis
The AUDUSD pair broke higher during the course of the session on Monday, but pullback a little bit.
The AUDUSD pair broke higher during the course of the session on Monday, but pullback a little bit.
EURUSD stays above the upward trend line on daily chart, and remains in uptrend from 1.0517.
AUDUSD remains in uptrend from 0.6826, the fall from 0.7680 is likely consolidation of the uptrend.
The EURUSD pair initially fell during the course of the session on Tuesday, testing the 1.12 level.
The AUDUSD pair initially fell during the day on Tuesday but found enough support just above the 0.75 level to turn things around and form a slightly positive candle.
As we move towards the end of the first quarter of the new year, it is interesting to consider one of the more subtle changes to the principle US indices that appears to have passed by unnoticed,
The word that comes to mind to describe the price action on the daily WTI oil chart is ‘stately’ with crude oil continuing to move higher in a series of small rallies then punctuated with a pause point and further consolidation.
The EURUSD pair fell slightly during the course of the day on Monday, as we continue to see quite a bit of volatility.
The AUDUSD pair had a fairly volatile session on Monday, but ultimately settled on a relatively negative candle.
The USDCAD pair fell initially during the day on Friday, but it now appears that the uptrend line may catch this market and turning back around.