EURUSD Forecast July 15, 2014, Technical Analysis
The EURUSD pair tried to rally during the session on Monday, but as you can see gave back about half of the gains in order to form a shooting star.
The EURUSD pair tried to rally during the session on Monday, but as you can see gave back about half of the gains in order to form a shooting star.
The EURUSD pair initially fell during the session on Monday, but found enough support below the 1.36 level in order to continue going higher.
The EURUSD pair fell during the session on Tuesday, as the 1.37 level did in fact offer resistance.
EURUSD is facing 1.3651 resistance, a break above this level will signal resumption of the short term uptrend from 1.3512, then further rise to test 1.3676 key resistance could be seen.
The EURUSD pair broke higher during the session on Wednesday, but could not break out to the upside.
The EURUSD pair went back and forth on Monday, essentially settling nothing as we continue to hang about the 1.3600 level.
The EURUSD pair rose during the course of the session on Wednesday, but stays within the consolidation area that we’ve seen for some time.
The EURUSD pair initially fell during the course of the session on Monday, but found support near the 1.35 level yet again. This area continues to bring in buyers, and as a result we feel that the market is probably going to continue to consolidate overall.
The EURUSD pair initially fell during the course of the session on Thursday, testing the 1.35 level again.
The EURUSD pair fell during the course of the session on Tuesday, but still above the 1.35 handle.