EURUSD Forecast July 15, 2014, Technical Analysis
The EURUSD pair tried to rally during the session on Monday, but as you can see gave back about half of the gains in order to form a shooting star.
The EURUSD pair tried to rally during the session on Monday, but as you can see gave back about half of the gains in order to form a shooting star.
EURUSD is facing 1.3575 support, a breakdown below this level
The EURUSD pair initially fell during the session on Wednesday, but ended up bouncing in order to form a fairly positive candle.
The EURUSD pair initially fell during the session on Tuesday, but found enough support below to turn things back around and form a hammer.
The EURUSD pair initially fell during the session on Monday, but found enough support below the 1.36 level in order to continue going higher.
EURUSD’s downward movement from 1.3700 extended to as low as 1.3580.
The EURUSD pair fell during the session on Tuesday, as the 1.37 level did in fact offer resistance.
EURUSD is facing 1.3651 resistance, a break above this level will signal resumption of the short term uptrend from 1.3512, then further rise to test 1.3676 key resistance could be seen.
AUDUSD is testing 0.9444 resistance, a break above this level will indicate that the uptrend from 0.9208 has resumed, then next target would be at 0.9500 area.
The EURUSD pair fell during the session on Thursday, but you can see found enough support to bounce and form a hammer.