EUR/USD Forecast March 12, 2014, Technical Analysis
The EUR USD pair pullback during the session on Tuesday, but found enough support below in order to bounce and army hammer.
The EUR USD pair pullback during the session on Tuesday, but found enough support below in order to bounce and army hammer.
USD/JPY might be in for a quick pullback to an area of interest before resuming its rally.
The AUD/USD pair fell during the session on Monday, but remains above the 0.90 handle.
The EUR/USD pair went back and forth during the session on Monday, as we continue to struggle with the downtrend line that forms the channel going lower from the start of the financial crisis.
The USD/JPY pair initially fell during the first part of the Monday session, but as you can see spent the rest of the day bouncing in order to form a hammer.
Last week was a volatile one for crude oil futures, with the April contract closing the week at $102.58 a barrel having touched $105 per barrel at the start of the week.
EURUSD’s upward movement from 1.3477 extended to as high as 1.3914.
The AUD/USD pair initially fell during the session on Wednesday, but rose high enough to test the 0.90 handle again.
The EUR/USD pair fell during the session on Wednesday, but as you can see bounced enough to form a hammer.
The EUR/USD pair rose during the session on Tuesday, but failed at the 1.38 resistance area in order to turn things back around and form a shooting star.