AUDUSD Forecast July 13, 2016, Technical Analysis
The AUDUSD pair broke out to the upside during the course the day on Tuesday, forming a very strong candle as we crashed into the 0.7650 level.
The AUDUSD pair broke out to the upside during the course the day on Tuesday, forming a very strong candle as we crashed into the 0.7650 level.
GBPUSD pair initially rallied a bit, but at the end of the day could not break above the 1.30 level with any gusto.
The AUDUSD pair initially fell during the course of the day but then broke out to the upside as the 0.75 level gateway.
GBPUSD’s downward movement from 1.5016 extended to as low as 1.2795.
EURUSD remains in downtrend from 1.1616, the rise from 1.0911 is likely consolidation of the downtrend.
The AUDUSD pair initially fell during the course of the day on Wednesday but turn right back around to break above the 0.75 level.
The EURUSD pair initially fell during the course of the session on Wednesday, but turn right back around and form a hammer.
The EURUSD pair initially tried to rally during the course of the day on Tuesday but found the previous uptrend line as resistive, and as a result we turn right back around to form a fairly negative candle.
The AUDUSD pair fell a bit during the course of the day on Tuesday as traders returned from the Independence Day holiday in America.
The EURUSD pair initially fell during the day on Monday, but then turned back around to form a bit of a hammer.