EURUSD Forecast July 25, 2016, Technical Analysis
The EURUSD pair broke down below the bottom of a couple of hammers during the Friday session, so therefore if you we are getting ready to go even lower.
The EURUSD pair broke down below the bottom of a couple of hammers during the Friday session, so therefore if you we are getting ready to go even lower.
The British pound fell again during the day on Friday, as we continue to grind our way down towards the 1.30.
The EURUSD pair went back and forth during the course of the session on Thursday, as we continue to bounce around the 1.10 level.
The AUDUSD pair initially rallied during the day on Thursday but turned back around to give up about half of the gains.
The EURUSD pair went back and forth during the course of the day on Monday, as we continue to flood sideways.
The AUDUSD pair gapped higher at the open on Monday, but then just sat there.
EURUSD has been trading inside a range, moving between support at 1.1035 and resistance at 1.1150. Price is currently testing support at the bottom of the range and seems ready for a bounce back to the top.
GBPUSD remains in downtrend from 1.5016, the rise from 1.2795 is likely consolidation of the downtrend.
EURUSD stays below the downward trend line on daily chart, and remains in downtrend from 1.1616.
The EURUSD pair broke to the upside during the day on Tuesday, but turn right back around to form a bit of a shooting star.