EURUSD Daily Analysis – March 24, 2017
EURUSD remains in uptrend from 1.0494, the fall from 1.0824 is likely consolidation of the uptrend.
FOREX
GBPUSD Daily Analysis – March 24, 2017
GBPUSD’s upward movement from 1.2109 extended to as high as 1.2531.
AUDUSD Forecast March 23, 2017, Technical Analysis
The AUD/USD pair fell initially during the course of the session on Wednesday, but turned around to form a nice-looking hammer.
EURUSD Forecast March 23, 2017, Technical Analysis
The EURUSD pair fell initially during the day on Wednesday but found enough support just below the 1.08 level to turn things around and form a hammer.
GBPUSD Daily Analysis – March 22, 2017
GBPUSD continued its upward movement from 1.2109 and the rise extended to as high as 1.2494.
AUDUSD Daily Analysis – March 22, 2017
AUDUSD stays above 0.7663 support and remains in uptrend from 0.7490.
EURUSD Daily Analysis – March 6, 2017
EURUSD failed to break below 1.0493 support and is now facing the channel resistance.
Crude In Risk Of Correction But Outlook Still Bullish
Both oil contracts have bounced back a little after Thursday’s sharp plunge. The all-time high crude stockpile levels in the US is the number one reason behind oil’s inability to move further higher in recent weeks.
EURUSD Forecast March 3, 2017, Technical Analysis
The EURUSD pair fell during the Thursday session, testing the 1.05 level for support.
AUDUSD Channel Breakout and Pullback March 01, 2017
AUDUSD recently broke below its ascending channel visible on the 1-hour and 4-hour time frames. Price has dipped to a low of .7635 before showing signs of a pullback. Applying the Fib tool on the swing high and low shows that the 50% retracement level lines up with the broken support.