AUD/USD Forecast March 11, 2014, Technical Analysis
The AUD/USD pair fell during the session on Monday, but remains above the 0.90 handle.
The AUD/USD pair fell during the session on Monday, but remains above the 0.90 handle.
The EUR/USD pair went back and forth during the session on Monday, as we continue to struggle with the downtrend line that forms the channel going lower from the start of the financial crisis.
EURUSD’s upward movement from 1.3477 extended to as high as 1.3914.
The AUD/USD pair initially fell during the session on Wednesday, but rose high enough to test the 0.90 handle again.
The EUR/USD pair fell during the session on Wednesday, but as you can see bounced enough to form a hammer.
Gold continued to ease higher once again yesterday, with May gold futures on Globex closing at $1613.80 per ounce, up just over $8 per ounce in the session and ending with a narrow spread up candle, supported by average daily volume.