AUDUSD Forecast June 30, 2015, Technical Analysis
The AUDUSD pair rose during the course of the day on Monday, continuing the bounce that we have seen off of the 0.76 handle.
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EURUSD Forecast June 29, 2015, Technical Analysis
The EURUSD pair went back and forth during the course of the day on Friday, essentially settling nothing.
EURUSD Forecast June 25, 2015, Technical Analysis
The EURUSD pair had a slightly positive session on Wednesday, but quite frankly was a bit on impressive.
EURAUD Reversal Confirmation June 24, 2015
EURAUD formed a double top pattern on its 4-hour chart recently, signaling that price is exhausted from its climb. The pair just broke below the neckline of the chart formation, confirming that a reversal is bound to take place.
EURUSD Wedge Breakdown June 23, 2015
EURUSD has been consolidating inside a rising wedge pattern for the past few weeks and is recently showing signs of a breakdown. Price is trading below the 1.1300 handle and may be in for around 200 pips more in losses, which is the same height as the chart pattern.
EURUSD Triangle Breakout June 18, 2015
EURUSD just broke out of its short-term consolidation pattern, signaling that further gains are possible for the pair. Recall that price had traded inside a symmetrical triangle pattern before breaking to the upside past the 1.1300 major psychological resistance.
EURUSD Forecast June 17, 2015, Technical Analysis
The EURUSD pair went back and forth during the course of the session on Wednesday, as we found the 1.12 level to be supportive. We believe that this market continues to bounce back and forth as we have no real chance of a significant trade at the moment.
EURUSD Weekly Analysis – June 7, 2015
EURUSD stays in the upward price channel on daily chart, and remains in short term uptrend from 1.0462.
EURUSD Forecast June 10, 2015, Technical Analysis
The EURUSD pair fell initially during the course of the day on Tuesday, but found enough support near the 1.12 level to turn things back around and form a hammer.
EURJPY Short-Term Range June 10 2015
EURJPY (quote) has been moving sideways since the start of the month, as price found support at the 139.00 major psychological level and resistance near 141.00.