EURUSD Forecast April 19, 2017, Technical Analysis
The EURUSD pair rally during the day on Tuesday, reaching towards the 1.07 level.
The EURUSD pair rally during the day on Tuesday, reaching towards the 1.07 level.
As markets return to full participation following the Easter recess, and as a new trading week get’s underway, I thought it would be apposite to consider the three primary currencies of the US dollar, the yen and the euro on the daily timeframes.
China increased its holding of U.S. Treasury securities in February after cutting 7.3 billion U.S. dollars in the previous month, the latest data from the U.S. Treasury Department showed on Monday.
The EURUSD pair rally during the day on Monday and relatively thin conditions as Europeans would’ve been celebrating Easter Monday.
The AUDUSD pair rallied during the Monday session, testing the 0.76 level.
AUDUSD broke above 0.7514 resistance, indicating that the downward movement from 0.7679 had completed at 0.7473 already.
GBPUSD broke out below the lower line of the triangle pattern on 4-hour chart,
AUDUSD remains in downtrend from 0.7679.
Game Plan for the week of April 10, we take a look at the following name, $RCL, $HD, $XLF, $SPY, $VIX, $PLD
The EURUSD pair initially tried to rally during the day on Friday, but then broke down below the 1.06 handle during the day.