EURUSD Forecast July 25, 2014, Technical Analysis
The EURUSD pair went back and forth during the session on Thursday, essentially settling nothing as we printed a neutral candle.
The EURUSD pair went back and forth during the session on Thursday, essentially settling nothing as we printed a neutral candle.
The EURUSD pair initially tried to rally during the session on Wednesday, but as you can see turned back around and close towards the end of the day, forming a negative looking candle.
The EURUSD pair broke down during the session on Tuesday, slicing through the 1.35 handle with ease.
The EURUSD pair tried to rally during the session on Monday, but as you can see the market failed to hang onto the gains, and we turned around and form a shooting star.
EURUSD’s downward movement from 1.3700 extended to as low as 1.3490.
The EURUSD pair fell during the session on Tuesday, breaking below the lows from the past couple of weeks.
With the FOMC meeting now consigned to history, and the currency markets now returning to ‘business as usual’ here is a round up for the Aussie, the British pound, the Canadian dollar and of course the euro
The EURUSD pair initially fell during the session on Wednesday, but ended up bouncing in order to form a fairly positive candle.
The EURUSD pair initially fell during the session on Tuesday, but found enough support below to turn things back around and form a hammer.
The EURUSD pair initially fell during the session on Monday, but found enough support below the 1.36 level in order to continue going higher.