EURUSD Forecast June 15, 2017, Technical Analysis
The EURUSD pair shot like a rocket into the stratosphere after less than impressive US numbers came out during the early New York trading.
The EURUSD pair shot like a rocket into the stratosphere after less than impressive US numbers came out during the early New York trading.
The Australian dollar try to rally during the session on Tuesday, but found enough resistance above the turnaround for a bit of a shooting star.
The Australian dollar gapped lower at the open on Friday, and continued to grind sideways after that.
The EURUSD pair had a very volatile session on Wednesday, as we are trying to front run the European Union quantitative easing situation.
The Australian dollar exploded to the upside on Wednesday, using the 0.75 level as support.
The Australian dollar gapped lower at the open on Monday, but then fill that gap as one would expect.
The AUDUSD pair exploded to the upside on Friday, and reaction to the weaker than anticipated jobs number coming out of the United States.
The GBPUSD pair initially fell during the day on Friday, and saw quite a bit of volatility after the jobs number came out in the United States less than anticipated.
What a comedy show this is turning out to be. Last night saw sterling tumble after research by the Times newspaper and YouGov suggested that there could be a hung parliament.
The EURUSD pair initially fell on Monday, but found the 24-hour exponential moving average to be supportive enough to turn the market around, and send it back above the 1.12 level.