EURUSD Forecast September 6, 2016, Technical Analysis
The EURUSD pair went back and forth during the course of the day on Monday, essentially settling nothing. Perhaps lack of volume was part of the problem as Americans were away for Labor Day.
The EURUSD pair went back and forth during the course of the day on Monday, essentially settling nothing. Perhaps lack of volume was part of the problem as Americans were away for Labor Day.
The AUDUSD pair rallied slightly during the day on Monday, but we await the Reserve Bank of Australia and its interest-rate announcement first thing in the morning.
GBPUSD remains in downtrend from 1.3278. The rise from 1.3059 is likely correction of the downtrend.
EURUSD continued its downward movement from 1.1366 and the fall extended to as low as 1.1123.
AUDUSD continued its downward movement from 0.7755, and the fall extended to as low as 0.7500.
The AUDUSD pair went back and forth during the course of the session here on Wednesday, as we continue to try to build up enough momentum to make a significant move.
The AUDUSD pair initially tried to rally but we turn right back around to form a shooting star.
The AUDUSD pair went back and forth during the course of the session on Monday, but eventually ended up forming a positive candle.
The EURUSD pair initially fell during the day on Monday, but turned right back around and form a bit of a hammer.
The EURUSD pair fell significantly during the day but did bounce a bit by the end of the day on Friday.