EURUSD Forecast August 19, 2015, Technical Analysis
The EURUSD pair fell during the day on Tuesday, reaching down towards the 1.10 handle.
The EURUSD pair fell during the day on Tuesday, reaching down towards the 1.10 handle.
The EURUSD pair broke higher during the course of the session in a massive show strength on Wednesday.
The EURUSD pair broke higher during the course of the session on Tuesday, clearing the 1.10 level.
The EURUSD pair initially tried to fall during the course of the session on Monday, but we turned back around and broke above the 1.10 level.
The EURUSD pair initially tried to rally during the course of the session on Tuesday, but found the 1.10 level to be a bit too resistive.
The EURUSD pair fell slightly during the course of the session on Monday, as we simply meandered below the 1.10 level.
The EURUSD pair rose during the course of the day on Monday, breaking well above the 1.10 handle, and testing the 1.11 level.
The EURUSD pair initially fell during the course of the session on Friday, but found enough support near the 1.09 level to turn things back around and form a hammer.
The EURUSD pair rose during the course of the session on Thursday, slamming into the 1.10 level.
After selling off in the past few days, EURUSD is making a correction to the 38.2% Fibonacci retracement level. This coincides with a broken support level around the 1.0950 minor psychological level and the 200 SMA resistance, which could allow the downtrend to resume.