AUDUSD Forecast July 24, 2014, Technical Analysis
The AUDUSD pair fell rather significantly the session before, but we did have a nice bounce and rise during the session on Wednesday.
The AUDUSD pair fell rather significantly the session before, but we did have a nice bounce and rise during the session on Wednesday.
The USDJPY pair tried to rally during the course of the day during Tuesday, but as you can see we pullback in order to form a shooting star.
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.