EURUSD Forecast June 30, 2015, Technical Analysis
The EURUSD pair gapped lower at the open on Monday, crashing into the 1.10 handle. This area had enough support in it though to keep the market afloat and we bounced much higher.
The EURUSD pair gapped lower at the open on Monday, crashing into the 1.10 handle. This area had enough support in it though to keep the market afloat and we bounced much higher.
The AUDUSD pair rose during the course of the day on Monday, continuing the bounce that we have seen off of the 0.76 handle.
The EURUSD pair went back and forth during the course of the day on Friday, essentially settling nothing.
The AUDUSD pair fell during the course of the day on writing, but remains well within the consolidation area that we have been stuck in for some time.
The GBPUSD pair had a pretty volatile session during the day on Wednesday, as we touched the 1.58 level, and then turned back around to break below the 1.57 level.
The EURUSD pair had a slightly positive session on Wednesday, but quite frankly was a bit on impressive.
The AUDUSD pair initially tried to rally during the day on Wednesday, but found far too much in the way of resistance
EURAUD formed a double top pattern on its 4-hour chart recently, signaling that price is exhausted from its climb. The pair just broke below the neckline of the chart formation, confirming that a reversal is bound to take place.
As the Greek tragedy continues to drag on, it’s perhaps an apposite time to take a tour round the four major futures of the 6A, the 6B, the 6C and the 6E for the September contract,
The USDJPY pair broke higher during the course of the session on Monday, clearing the 123 handle.