GBPUSD Forecast July 7, 2015, Technical Analysis
The GBP/USD pair broke higher during the session on Monday, as the 1.55 level offered quite a bit of support.
The GBP/USD pair broke higher during the session on Monday, as the 1.55 level offered quite a bit of support.
The AUDUSD pair initially tried to rally during the course of the day on Monday, but found enough resistance above the 0.75 level to turn things back around and form a shooting star.
The EURUSD pair initially tried to rally during the course of the day on Wednesday, but then turned back around to test support below.
The AUDUSD pair fell during the course of the session on Wednesday, as we crashed towards the 0.7650 level.
The EURUSD pair gapped lower at the open on Monday, crashing into the 1.10 handle. This area had enough support in it though to keep the market afloat and we bounced much higher.
The AUDUSD pair rose during the course of the day on Monday, continuing the bounce that we have seen off of the 0.76 handle.
The EURUSD pair went back and forth during the course of the day on Friday, essentially settling nothing.
The AUDUSD pair fell during the course of the day on writing, but remains well within the consolidation area that we have been stuck in for some time.
The GBPUSD pair had a pretty volatile session during the day on Wednesday, as we touched the 1.58 level, and then turned back around to break below the 1.57 level.
The EURUSD pair had a slightly positive session on Wednesday, but quite frankly was a bit on impressive.