EURUSD Forecast May 4, 2016, Technical Analysis
The EURUSD pair initially rose during the day on Tuesday, but turned back around to form a shooting star.
The EURUSD pair initially rose during the day on Tuesday, but turned back around to form a shooting star.
The AUDUSD pair fell significantly during the course of the session on Tuesday, crashing into the 0.75 support level.
The EURUSD pair broke higher during the course of the day, clearing the 1.15 level.
The AUDUSD pair rose during the course of the session on Monday, as we continue to find buyers every time this market pulls down.
China Shenhua Energy Company Limited, the nation’s top coal producer, has said its net profits plummeted 28.3 percent year on year to 4.74 billion yuan (734 million U.S. dollars) in the first quarter of 2016.
The EURUSD pair broke higher during the course of the session on Friday, as it looks like we are getting ready to break towards the 1.15 handle.
AUDUSD broke below the support of the upward price channel on daily chart.
EURUSD remains in uptrend from 1.0517.
The GBPUSD pair initially rose during the course of the session on Wednesday, but turned right back around to form a bit of an exhaustive candle.
The AUDUSD pair fell during the course of the session on Wednesday, breaking below the 0.76 level at one point.