EURUSD Forecast July 1, 2016, Technical Analysis
The EURUSD pair initially tried to rally during the day on Thursday, but turned right back around to fall fairly significantly during the day.
The EURUSD pair initially tried to rally during the day on Thursday, but turned right back around to fall fairly significantly during the day.
The AUDUSD pair initially fell during the course of the day on Thursday, but turned back around to form a hammer.
The GBPUSD pair rose slightly during the course of the session on Tuesday, but did get back some of the gains.
The EURUSD pair rallied initially during the day on Tuesday, filling the gap from Monday.
The Australian dollar initially bounced against the US dollar during the day on Tuesday, but gave back most the gains in order to form a bit of a shooting star.
The GBPUSD pair gapped lower at the open on Monday as anticipated, and as a result we continue to see selling pressure.
The EURUSD pair gapped lower at the open on Monday, and bounced off of the 1.10 level during the day.
The AUDUSD pair gapped lower at the open on Monday, and then broke down.
The AUDUSD pair rose during the course of the session on Wednesday, breaking out to a fresh, new high.
The GBPUSD pair initially fell during the course of the day and then turn right back around to break out to the upside. However, there is still more than enough resistance at the 1.48 level to keep this market somewhat soft, and this was initially a “knee-jerk reaction” to the latest polling data out of the UK when it comes to the EU referendum.