EURUSD Forecast July 16, 2014, Technical Analysis
The EURUSD pair fell during the session on Tuesday, breaking below the lows from the past couple of weeks.
The EURUSD pair fell during the session on Tuesday, breaking below the lows from the past couple of weeks.
The AUDUSD as you can see fell during the session on Tuesday, only to turn back around and form a hammer.
The GBPUSD pair broke higher during the session on Tuesday, but could not clear the 1.72 level that we have been looking for in order to start buying again.
The EURUSD pair fell during the session on Tuesday, breaking below the lows from the past couple of weeks.
The AUDUSD pair rose during the course of the session on Monday, but didn’t really cause too much in the way of a splash with the tight trading range.
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.
President Xi Jinping is preparing to attend the BRICS summit as the group is generating new initiatives amid slowing economic growth, observers said.
GBPUSD moved sideways in a trading range between 1.7084 and 1.7179.
AUDUSD remains in downtrend from 0.9504, the rise from 0.9328 is likely correction of the downtrend.
EURUSD is facing 1.3575 support, a breakdown below this level