EURUSD Forecast January 5, 2016, Technical Analysis
The EURUSD pair had a very volatile Monday, as we initially tried to rally, but turned back around to crash into the 1.08 level, and the 50 day exponential moving average.
The EURUSD pair had a very volatile Monday, as we initially tried to rally, but turned back around to crash into the 1.08 level, and the 50 day exponential moving average.
The AUDUSD pair fell during the day on Monday, reaching towards the bottom of the ascending triangle that we have been trading in.
The USDJPY pair fell during the course of the session on Thursday, as we continue to grind our way down to the 120 handle.
The EURUSD pair rose during the course of the day on Monday, as the market broke back above the 1.09 level.
The AUDUSD pair broke higher during the course of the day on Monday, but only and a fairly lackluster manner.
The EURUSD pair had a fairly quiet session during the day on Wednesday, even though we had an interest-rate hike in the United States.
The AUDUSD pair initially fell during the day on Wednesday, and then bounced off of the 0.72 handle.
The EURUSD pair broke down during the day on Tuesday, forming a rather significant bearish candle at the 1.10 handle.
The AUDUSD pair fell significantly during the session on Tuesday, as we continue to chop around in this market.
The EURUSD pair broke above the 1.10 level again during the day on Monday, but still hasn’t completely broken out.