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EURUSD Forecast August 5, 2016, Technical Analysis

The EURUSD pair initially fell during the course of the session on Thursday, but found enough support to turn around and form a bit of a hammer.

EURUSD FXE

The EURUSD pair rose slightly during the course of the session on Wednesday, but quite frankly we are simply consolidating at the moment.

EURUSD Forecast August 5, 2015, Technical Analysis

The EURUSD pair initially tried to rally during the course of the session on Tuesday, but found the 1.10 level to be a bit too resistive.