GBPUSD Forecast June 17, 2015, Technical Analysis
The GBPUSD pair initially fell during the day on Wednesday, but found enough support below yet again to turn things back around and form a hammer.
The GBPUSD pair initially fell during the day on Wednesday, but found enough support below yet again to turn things back around and form a hammer.
The AUDUSD pair initially fell on Wednesday, but found enough support below to turn things back around to form a hammer for the day.
USDCAD is showing signs of a pullback on its 1-hour time frame, as the pair bounced off the 1.2200 major psychological support area. Price is now testing resistance at the 38.2% Fibonacci retracement level, which lines up with the short-term 100 SMA.
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.
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.
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.
The AUDUSD pair broke higher during the course of the day on Monday, clearing the 0.77 level.