Forex Round Up As Greek Tragedy Continues
As the Greek tragedy continues to drag on, it’s perhaps an apposite time to take a tour round the four major futures of the 6A, the 6B, the 6C and the 6E for the September contract,
As the Greek tragedy continues to drag on, it’s perhaps an apposite time to take a tour round the four major futures of the 6A, the 6B, the 6C and the 6E for the September contract,
The AUDUSD pair fell during the course of the session on Monday, testing the 0.77 level.
The AUDUSD pair initially fell during the course of the session on Wednesday, finding support near the 0.7650 level.
The AUDUSD pair initially fell on Wednesday, but found enough support below to turn things back around to form a hammer for the day.
The AUDUSD pair initially fell during the course of the session on Thursday, but bounced enough in order to form a bit of a hammer.
The AUDUSD pair broke higher during the day on Wednesday, as we slammed into the 0.78 resistance barrier.
With the US dollar continuing to remain under pressure, despite last week’s positive jobs data, and with various central bank governors adding their weight to the mix, it’s a good time to take a quick look at our four major currency futures of the AUD/USD, CAD/USD, EUR/USD and the GBP/USD.
The AUDUSD pair went back and forth during the course of the day on Tuesday, essentially settling nothing.
The AUDUSD pair broke higher during the course of the day on Monday, clearing the 0.77 level.
AUDUSD is testing 0.7532 support, a breakdown below this level will signal resumption of the long term downtrend from 0.9504 (Jul 1, 2014 high),