EURUSD Forecast June 8, 2016, Technical Analysis
The EURUSD pair failed to move again during the day on Tuesday, as we are simply grinding sideways.
The EURUSD pair failed to move again during the day on Tuesday, as we are simply grinding sideways.
The AUDUSD pair broke higher during the day on Tuesday, as we have cleared the 0.74 level.
China’s central bank on Monday pumped more money into the market to ease a liquidity strain.
GBPUSD moved sideways in a trading range between 1.4332 and 1.4769.
Being contained by the bottom of the upward price channel on daily chart, EURUSD rebounded from 1.1097,
AUDUSD remains in downtrend from 0.7834, the rise from 0.7144 is likely correction of the downtrend.
The EURUSD pair initially fell during the course of the session on Wednesday, but then turn right back around as the Euro gained in general.
The AUDUSD pair initially went much higher during the course of the day on Wednesday, reaching all the way to the 0.73 handle.
The EURUSD pair initially tried to rally during the day on Tuesday, but turned right back around to form a shooting star.
The NZDUSD pair broke higher during the day on Tuesday, clearing the top of the hammer that formed on Monday.