AUDUSD Forecast August 25, 2016, Technical Analysis
The AUDUSD pair went back and forth during the course of the session here on Wednesday, as we continue to try to build up enough momentum to make a significant move.
Currencies
EURUSD Forecast August 25, 2016, Technical Analysis
The EURUSD pair fell slightly during the course of the session on Wednesday, as we continue to try to find buyers just below.
Crude Turns Positive Ahead Of Oil Data
Oil prices swung wildly into the positive territory yesterday. The rally eventually came to a halt around the $50 handle for Brent and $48 for WTI, and both contracts have been trending lower from these levels until an hour or so ago.
EURUSD Forecast August 24, 2016, Technical Analysis
The EURUSD pair initially tried to rally during the course of the session on Monday, but then broke down at the 1.1350 level.
AUDUSD Forecast August 24, 2016, Technical Analysis
The AUDUSD pair initially tried to rally but we turn right back around to form a shooting star.
USDCAD Breakdown Retracement Aug 23, 2016
USDCAD was previously trading inside an ascending channel pattern before breaking lower to signal a reversal. Price hit a low of 1.2762 before pulling up and indicating that a retracement to the broken support area could be in order.
AUDUSD Forecast August 23, 2016, Technical Analysis
The AUDUSD pair went back and forth during the course of the session on Monday, but eventually ended up forming a positive candle.
EURUSD Forecast August 23, 2016, Technical Analysis
The EURUSD pair initially fell during the day on Monday, but turned right back around and form a bit of a hammer.
EURUSD Forecast August 22, 2016, Technical Analysis
The EURUSD pair fell significantly during the day but did bounce a bit by the end of the day on Friday.
GBPUSD Shows Signs Of Life
The GBPUSD ended higher last week on the back of surprisingly stronger-than-expected UK economic data and as the dollar eased along with expectations about an imminent rate hike in the US.