EURUSD Weekly Analysis – March 20, 2016
EURUSD is facing 1.1376 resistance, a break of this level will confirm that the uptrend
FOREX
AUDUSD Weekly Analysis – March 20, 2016
AUDUSD’s upward movement from 0.6826 extended to as high as 0.7680.
AUD/USD Forecast March 18, 2016, Technical Analysis
The AUDUSD pair initially fell during the course of the session on Thursday, and then turn right back around to continue going higher. We had a very strong positive candle form during the course of the day on Wednesday, as the Federal Reserve has stepped away from interest-rate hikes, at least as far as the number of them in the year 2016 is concerned.
EUR/USD Forecast March 17, 2016, Technical Analysis
The EURUSD pair fell during the course of the session on Wednesday, testing the 1.1050 level.
AUD/USD Forecast March 17, 2016, Technical Analysis
The AUDUSD pair went back and forth on Wednesday, as we continue to see quite a bit of interest between the 0.74 level on the bottom, and the 0.75 level on the top.
EURUSD Forecast March 15, 2016, Technical Analysis
The EURUSD pair fell during the course of the day on Monday, but we are approaching a bit of support at the 1.1050 level, so at this point in time we will more than likely find a supportive candle in order to start buying again.
AUDUSD Trend Pullback Mar 15, 2016
AUDUSD has been trending higher, thanks to the pickup in risk appetite. Price stalled upon hitting resistance near .7600 and is showing signs of a pullback, possibly to the rising trend line visible on the 4-hour chart.
AUDUSD Weekly Analysis
AUDUSD is now in uptrend from 0.6826, and the rise extended to as high as 0.7583.
EURUSD Weekly Analysis
No changed in our view, EURUSD is in uptrend from 1.0517, the fall from 1.1376 is likely consolidation of the uptrend.
EURUSD Forecast March 10, 2016, Technical Analysis
The EURUSD pair broke higher after initially dropping during the session on Wednesday, as we prepare for the ECB interest rate announcement and of course monetary policy statement.