EURUSD Forecast August 15, 2016, Technical Analysis
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.
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AUDUSD Forecast August 15, 2016, Technical Analysis
The Australian dollar initially tried to rally during the Friday session but back and sold off rather significantly.
GBPUSD Support Turned Resistance Aug 10, 2016
GBPUSD is pulling up from its recent slide and looks ready to test the nearby resistance levels. Applying the Fib tool on the latest swing high and low on the 1-hour chart shows that the 38.2% retracement level lines up with a broken support zone around the 1.3100 major psychological mark, which might now hold as resistance.
AUDUSD Forecast August 10, 2016, Technical Analysis
The AUDUSD pair fell initially during the course of the session on Tuesday, but turned back around to form a hammer as we press up against the massive resistance at the 0.7675 level.
GBPUSD Forecast August 9, 2016, Technical Analysis
The GBPUSD pair did very little during the day on Monday, forming a slightly negative candle.
EURUSD Forecast August 9, 2016, Technical Analysis
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.
AUDUSD Forecast August 5, 2016, Technical Analysis
The AUDUSD pair rose slightly during the day on Thursday, as we continue to see bullish pressure.
EURUSD Forecast August 5, 2016, Technical Analysis
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.
EURUSD Forecast August 4, 2016, Technical Analysis
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.
EURUSD Forecast August 3, 2016, Technical Analysis
The EURUSD pair did have a bullish day during the day on Tuesday, breaking above the 1.12 level.