EURUSD Weekly Analysis – January 3, 2016
EURUSD is in uptrend from 1.0517, the fall from 1.1059 is likely correction of the uptrend.
EURUSD is in uptrend from 1.0517, the fall from 1.1059 is likely correction of the uptrend.
The USDJPY pair fell during the course of the session on Thursday, as we continue to grind our way down to the 120 handle.
The EURUSD pair rose during the course of the day on Monday, as the market broke back above the 1.09 level.
The AUDUSD pair broke higher during the course of the day on Monday, but only and a fairly lackluster manner.
EURUSD is now in uptrend from 1.0517, the fall from 1.1059 is likely correction of the uptrend.
AUDUSD stayed in the trading range between 0.6907 and 0.7439 for several months.
The EURUSD pair had a fairly quiet session during the day on Wednesday, even though we had an interest-rate hike in the United States.
The AUDUSD pair initially fell during the day on Wednesday, and then bounced off of the 0.72 handle.
The EURUSD pair broke down during the day on Tuesday, forming a rather significant bearish candle at the 1.10 handle.
The AUDUSD pair fell significantly during the session on Tuesday, as we continue to chop around in this market.