EURUSD Forecast July 27, 2015, Technical Analysis
The EURUSD pair initially fell during the course of the session on Friday, but found enough support near the 1.09 level to turn things back around and form a hammer.
The EURUSD pair initially fell during the course of the session on Friday, but found enough support near the 1.09 level to turn things back around and form a hammer.
The GBPUSD pair initially rallied during the session on Thursday, testing the 1.57 region. However, we sold off rather drastically and crashed into the 1.55 handle.
The EURUSD pair rose during the course of the session on Thursday, slamming into the 1.10 level.
The AUDUSD pair tried to rally during the course of the session on Thursday, but we pullback in order to find a shooting star for the daily candle.
The EURUSD pair tried to rally during the course of the session on Wednesday, but struggled at the 1.0980 level again in order to fall.
The AUDUSD pair fell during the day on Wednesday, testing the 0.7350 level again.
The GBP/USD pair went back and forth during the course of the day on Tuesday, showing a fairly neutral and benign candle.
The AUD/USD pair broke higher during the course of the session on Tuesday, testing higher levels as we reach towards the 0.75 level.
After selling off in the past few days, EURUSD is making a correction to the 38.2% Fibonacci retracement level. This coincides with a broken support level around the 1.0950 minor psychological level and the 200 SMA resistance, which could allow the downtrend to resume.
We use the 52 week high list to find stocks that are trending strong. Today’s New 52 Week High Stocks Symbol New High Prev 52wk High Last Volume Today’s Change NFLX 111.10 102.31 $108.10 12,063,968 9.97 (10.16%) AFMD 19.99 19.04 $19.90 55,992 1.54 (8.39%) REPH 16.98 16.11 $16.57 27,412 1.10 (7.11%) EROS 30.83 30.60 $30.70 60,800 1.94 (6.73%) NDRM 19.25 19.07 $18.27 1,136,265 0.96 (5.55%) PYPLV 39.97 39.75