GBPUSD Forecast August 2, 2016, Technical Analysis
The GBPUSD pair went back and forth during the course of the day on Monday, showing signs of confusion.
FOREX
EURUSD Forecast August 2, 2016, Technical Analysis
The EURUSD pair went back and forth during the course of the session on Monday, testing the 1.12 level for resistance.
EURUSD Forecast July 28, 2016, Technical Analysis
The EURUSD pair initially tried to rally during the course of the session here on Wednesday, but turned around to form a slightly negative candle.
AUDUSD Forecast July 28, 2016, Technical Analysis
The Australian dollar initially rallied during the day on Wednesday, but found far too much in the way of resistance above and ended up turning back around and form a fairly negative candle.
Cable Continues To Consolidate In A Narrow Range
Cable continued to consolidate last week in the after shock of Brexit, with the pair trading in a narrow range on the daily chart, and this continued at the start of this week’s trading keeping to a 70 pip range, and closing 9 pips lower off the open.
EURUSD Forecast July 26, 2016, Technical Analysis
The EURUSD pair initially fell during the day on Monday, but turned around to slam into the 1.10 level again.
AUDUSD Forecast July 26, 2016, Technical Analysis
The AUDUSD pair initially tried to rally during the day on Monday, but turned back around to form a bit of a shooting star.
AUDUSD Forecast July, 25, 2016, Technical Analysis
The AUDUSD pair fell during the course of the day on Friday, as we continue to see this market soften.
EURUSD Forecast July 25, 2016, Technical Analysis
The EURUSD pair broke down below the bottom of a couple of hammers during the Friday session, so therefore if you we are getting ready to go even lower.
GBPUSD Forecast July 25, 2016, Technical Analysis
The British pound fell again during the day on Friday, as we continue to grind our way down towards the 1.30.