EURUSD Forecast July 23, 2014, Technical Analysis
The EURUSD pair broke down during the session on Tuesday, slicing through the 1.35 handle with ease.
The EURUSD pair broke down during the session on Tuesday, slicing through the 1.35 handle with ease.
The GBPUSD pair fell during the course of the day on Tuesday, but found enough support near the 1.7050 level to turn things back around and form a little bit of a hammer.
The AUDUSD pair tried to rally during the session on Tuesday, and in fact did.
The GBPUSD pair fell during the course of the day on Monday, but as you can see remains somewhat afloat, and more importantly supported at the 1.70 handle.
The AUDUSD pair fell slightly during the session on Monday, but as you can see we are well supported near the 0.9350 level.
The EURUSD pair tried to rally during the session on Monday, but as you can see the market failed to hang onto the gains, and we turned around and form a shooting star.
EURUSD’s downward movement from 1.3700 extended to as low as 1.3490.
AUDUSD failed to break below 0.9328 support, indicating that lengthier sideways movement in a range between 1.9328 and 1.9455 is underway.
The EURUSD pair went back and forth during the session on Thursday, showing that the 1.35 level would of course continue to be supportive.
GBPUSD fell during the session on Thursday, testing the 1.71 level.