EURUSD Forecast November 17, 2015, Technical Analysis
The EURUSD pair initially gapped lower at the open on Monday, mainly as a knee-jerk reaction to the Parisian terror attacks in our opinion.
FOREX
AUDUSD Forecast November 17, 2015, Technical Analysis
The AUDUSD pair fell a bit during the course of the session on Monday, as we continue to see weakness in the Australian dollar overall.
EURUSD Forecast November 12, 2015, Technical Analysis
The EURUSD pair fell slightly during the course of the session on Wednesday, but remains within the hammer that had formed on Tuesday.
AUDUSD Forecast November 12, 2015, Technical Analysis
The AUDUSD pair fell slightly during the course of the session on Wednesday, as we continue to consolidate just above the 0.70 level.
EURUSD Forecast November 11, 2015, Technical Analysis
The EURUSD pair fell during the course of the session on Tuesday, as we continue to grind our way down in this market. In fact, we got below the 1.07 handle, and as a result we are clear to go down to the 1.06 handle.
AUDUSD Forecast November 11, 2015, Technical Analysis
The AUDUSD pair initially tried to rally during the day on Tuesday, but then turned back around to fall towards the 0.70 handle.
GBPAUD Uptrend Channel Nov 10, 2015
GBPAUD has been trending higher on its 4-hour chart, moving inside a rising channel visible on that time frame. Price just bounced off the channel support at 2.1150 and may be aiming for the top at 2.1800-2.1900.
EURUSD Forecast November 4, 2015, Technical Analysis
The EURUSD pair fell significantly during the course of the session on Tuesday, but there is an uptrend line just below that should continue to keep this market somewhat supported.
AUDUSD Forecast November 4, 2015, Technical Analysis
The AUDUSD pair initially fell during the day on Tuesday, testing the 0.7150 level. The market found enough buyers there to turn things back around and form a bit of a hammer though, so it looks as if the market should continue to go higher at this point in time.
AUDUSD Forecast November 2, 2015, Technical Analysis
The AUDUSD pair initially fell during the course of the day on Friday, but found enough support below at the 0.71 level to turn things back around and form a bit of a hammer.