GBPAUD Uptrend Channel Nov 10, 2015
GBPAUD has been trending higher on its 4-hour chart, moving inside a rising channel visible on that time frame. Price just bounced off the channel support at 2.1150 and may be aiming for the top at 2.1800-2.1900.
GBPAUD has been trending higher on its 4-hour chart, moving inside a rising channel visible on that time frame. Price just bounced off the channel support at 2.1150 and may be aiming for the top at 2.1800-2.1900.
The EURUSD pair fell significantly during the course of the session on Tuesday, but there is an uptrend line just below that should continue to keep this market somewhat supported.
The AUDUSD pair initially fell during the day on Tuesday, testing the 0.7150 level. The market found enough buyers there to turn things back around and form a bit of a hammer though, so it looks as if the market should continue to go higher at this point in time.
The AUDUSD pair initially fell during the course of the day on Friday, but found enough support below at the 0.71 level to turn things back around and form a bit of a hammer.
The EURUSD pair initially tried to rally during the course of the day on Friday but turned back around as we face a significant amount of pressure at the 1.11 handle.
The EURUSD pair broke higher during the course of the session, and as a result it appears that the market should continue
The EURUSD pair went back and forth during the course of the day on Monday, bouncing off of the trend line most importantly.
AUDUSD pair did nothing during the session on Monday that warranted any type of trading.
EURUSD had been trading inside an ascending triangle chart pattern since the start of the year, as price formed higher lows and found resistance near the 1.1500 major psychological level.
The AUDUSD pair initially fell during the course of the session on Thursday, but found enough support near the 0.72 level to turn things back around.