EURUSD Forecast July 16, 2015, Technical Analysis
The EURUSD pair initially tried to rally during the course of the day on Wednesday, but found the area above the 1.10 level to be a bit too expensive.
The EURUSD pair initially tried to rally during the course of the day on Wednesday, but found the area above the 1.10 level to be a bit too expensive.
The AUDUSD pair fell during the course of the session on Wednesday, breaking to a fresh, new low.
The EURUSD pair initially rallied at the open on Monday as it was announced that a deal was reached in the Greek debt crisis. However, the Greek still have to vote in Parliament, and on top of that there seems to be a lot of mistrust of the situation.
The GBPUSD pair broke higher during the course of the session on Monday, but turned back around to form a shooting star.
The AUDUSD pair went back and forth during the day on Monday, as we continue to bounce around the 0.74 level.
The EURUSD pair tried to rally initially during the session on Thursday, but turned back around and crashed into the 1.10 level, an area that has been supportive.
The AUDUSD pair went back and forth during the course of the day on Thursday, as the 0.75 level offered resistance.
The GBP/USD pair had a fairly negative session on Wednesday, as the world continues to run toward safety asset such as the US dollar.
The EURUSD pair broke higher during the course of the session on Wednesday, using the 1.10 level as a bit of a springboard. Because of this, the market looks as if it is ready to continue going higher, and we believe that it is only a matter of time before this market continues to go higher.
The AUDUSD pair initially fell during the day on Wednesday, but then turned back around to form a bit of a hammer.