AUDUSD Forecast November 8, 2016, Technical Analysis
The AUDUSD pair initially fell on Monday but then found buyers to push the market higher.
The AUDUSD pair initially fell on Monday but then found buyers to push the market higher.
The EURUSD pair continued to grind higher during the day on Wednesday, as fears over a switch in the expected outcome of the presidential election in the United States of course has have the US dollar falling.
The Australian dollar initially fell during the day on Wednesday, but turned around to form a relatively supportive looking candle.
The Australian dollar initially tried to rally on Monday but turned right back around and sold off all of the gains.
The USDJPY pair initially rallied during the course of the session on Friday, but turned around to form a bit of a shooting star.
The AUDUSD pair broke higher during the course of the session on Monday, but gave back more than half of the gains from the early part of the session.
The EURUSD pair fell slightly during the course of the session on Monday, and as a result I feel that there is more than enough support below to eventually find buyers, and I believe that the 1.1150 level below is massively supportive.
The AUDUSD pair initially fell during the course of the session on Monday, but then turned around to form a very positive candle.
The EURUSD pair initially fell during the course of the session on Monday, but turn right back around to reach higher.
The USDJPY pair went back and forth during the course of the session on Friday, ultimately settling on a neutral candle.