EURUSD Forecast August 22, 2016, Technical Analysis
The EURUSD pair fell significantly during the day but did bounce a bit by the end of the day on Friday.
The EURUSD pair fell significantly during the day but did bounce a bit by the end of the day on Friday.
The GBPUSD ended higher last week on the back of surprisingly stronger-than-expected UK economic data and as the dollar eased along with expectations about an imminent rate hike in the US.
The EURUSD pair went back and forth during the course of the day on Tuesday, showing a bit of indecision after a very impulsive day on Monday.
The EURUSD pair initially tried to rally during the course of the day on Friday, but gave back about half of the games in order to form a shooting star.
The EURUSD pair initially tried to rally during the course of the day on Monday, but turned back around to form a bit of a shooting star.
The EURUSD pair initially fell during the course of the session on Thursday, but found enough support to turn around and form a bit of a hammer.
The EURUSD pair fell significantly during the course of the session on Wednesday, forming what is essentially a “today shooting star” in this market at the 1.12 level.
The EURUSD pair did have a bullish day during the day on Tuesday, breaking above the 1.12 level.
The EURUSD pair went back and forth during the course of the session on Monday, testing the 1.12 level for resistance.
The EURUSD pair initially tried to rally during the course of the session here on Wednesday, but turned around to form a slightly negative candle.