EURUSD Forecast March 23, 2017, Technical Analysis
The EURUSD pair fell initially during the day on Wednesday but found enough support just below the 1.08 level to turn things around and form a hammer.
The EURUSD pair fell initially during the day on Wednesday but found enough support just below the 1.08 level to turn things around and form a hammer.
GBPUSD continued its upward movement from 1.2109 and the rise extended to as high as 1.2494.
AUDUSD stays above 0.7663 support and remains in uptrend from 0.7490.
EURUSD failed to break below 1.0493 support and is now facing the channel resistance.
The EURUSD pair fell during the Thursday session, testing the 1.05 level for support.
AUDUSD recently broke below its ascending channel visible on the 1-hour and 4-hour time frames. Price has dipped to a low of .7635 before showing signs of a pullback. Applying the Fib tool on the swing high and low shows that the 50% retracement level lines up with the broken support.
The EURUSD pair initially fell on Tuesday, but found enough support underneath to bounce a bit and reach towards the 50-day exponential moving average.
The AUDUSD pair chopped around during the day on Monday, as we continue to see quite a bit of volatility.
The EURUSD pair rallied on Monday, as we continue to see plenty of volatility.
No changed in our view, AUDUSD remains in uptrend from 0.7159.