AUDUSD Forecast August 3, 2016, Technical Analysis
The AUDUSD pair went back and forth during the course of the day on Tuesday, crashing into the 0.75 level, and then shooting towards the 0.7650 handle.
The AUDUSD pair went back and forth during the course of the day on Tuesday, crashing into the 0.75 level, and then shooting towards the 0.7650 handle.
The AUDUSD pair initially tried to rally during the course of the session on Monday, but turn right back around to form a bit of a shooting star.
The GBPUSD pair went back and forth during the course of the day on Monday, showing signs of confusion.
The EURUSD pair went back and forth during the course of the session on Monday, testing the 1.12 level for resistance.
The EURUSD pair initially tried to rally during the course of the session here on Wednesday, but turned around to form a slightly negative candle.
The Australian dollar initially rallied during the day on Wednesday, but found far too much in the way of resistance above and ended up turning back around and form a fairly negative candle.
Cable continued to consolidate last week in the after shock of Brexit, with the pair trading in a narrow range on the daily chart, and this continued at the start of this week’s trading keeping to a 70 pip range, and closing 9 pips lower off the open.
The EURUSD pair initially fell during the day on Monday, but turned around to slam into the 1.10 level again.
The AUDUSD pair initially tried to rally during the day on Monday, but turned back around to form a bit of a shooting star.
The AUDUSD pair fell during the course of the day on Friday, as we continue to see this market soften.