AUDUSD Forecast April 20, 2016, Technical Analysis
The AUDUSD pair rallied initially during the course of the session on Tuesday, as we continue to see bullish pressure jump into the market.
The AUDUSD pair rallied initially during the course of the session on Tuesday, as we continue to see bullish pressure jump into the market.
The EURUSD pair rose during the day on Monday, as we continue to find buyers in this market.
The AUDUSD pair initially tried to fall during the course of the session on Monday, gapping lower in order to collect more buyers underneath and
EURUSD remains in uptrend from 1.0822, the fall from 1.1464 is likely consolidation of the uptrend.
China’s economy grew by 6.7 percent year on year in the first quarter of 2016 to reach 15.9 trillion yuan (US$2.4 trillion), according to the latest data released by the National Bureau of Statistics (NBC) on Friday.
The EURUSD pair went back and forth during the course of the session on Thursday, forming a fairly neutral candle.
The AUDUSD pair rose during the course of the day on Thursday, as we continue to try to grind higher.
The EURUSD pair fell rather hard during the course of the day on Wednesday, breaking below the 1.13 level.
The AUDUSD pair fell slightly during the course of the day on Wednesday, but at this point in time it looks like we continue to grind higher over the longer term.
As many as half of the large banks including J.P. Morgan Chase Bank (JPM, quote), that just reported a earnings beat, failed the Government Accountability Office’s or GAO’s Living Will Test. That 4 out of the 8 largest banks here in the U.S.