GBPUSD Forecast July 30, 2014, Technical Analysis
The GBPUSD pair fell again during the session on Tuesday, and quite frankly is starting to press against some pretty significant support.
The GBPUSD pair fell again during the session on Tuesday, and quite frankly is starting to press against some pretty significant support.
The AUDUSD pair fell during the day on Tuesday, breaking the back of the hammer that informed on Monday.
Brent crude oil (BNO, quote) was steady above $107 as investors kept an eye on global instabilities, but relaxed their worries about a supply interruptions as the market appears to have a glut of crude.
In the EURUSD pair tried to rally during the course of the day on Monday, but as you can see gave back most of the gains.
The AUDUSD pair initially fell during the course of the day on Monday, but as you can see found enough support below to turn things back around and form a nice-looking hammer.
The GBPUSD pair went back and forth during the day on Monday, but found the 1.70 level to be resistive enough to keep the market somewhat down.
With such a huge week for data this week including a Fed meeting so
Brent crude oil (BNO, quote) declined on Monday as tension in Gaza cooled off following a difficult to achieve humanitarian agreement between Hamas and Israeli forces.
JD.com Inc, China’s (FXI, quote) second-biggest e-commerce company by market share, will accept pre-orders for Microsoft Corp’s (MSFT, quote) Xbox One games console in China from July 28 to July 30, the firm said on Monday.
The EURUSD pair fell again during the session on Friday, breaking the bottom of the candle from the Thursday session, showing us that the market should continue to go lower.