AUDUSD Forecast May 3, 2016, Technical Analysis
The AUDUSD pair rose during the course of the session on Monday, as we continue to find buyers every time this market pulls down.
The AUDUSD pair rose during the course of the session on Monday, as we continue to find buyers every time this market pulls down.
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.
The EURUSD pair had a slightly positive session during the day on Wednesday, pre-FOMC Statement.
The EURUSD pair initially tried to rally during the day on Tuesday, but pullback in order to form a relatively benign candle.
The AUDUSD pair tried to rally during the day on Tuesday, but failed to hang onto about half of the gains.
The USDCAD pair went back and forth during the course of the day on Monday, essentially forming a neutral candle.