The EURUSD pair fell significantly during the course of the session on Monday, in reaction to Mario Draghi suggesting that the European Central Bank could very well work against the value of the Euro as there are a lot of concerns with the marketplace now.
The AUDUSD pair initially tried to rally during the day on Monday, but turned back around to show a bit of a shooting star.
USDJPY has been trending lower in the past few days, moving below a descending trend line on its 1-hour time frame.
The EURUSD pair went back and forth during the course of the day on Monday, ultimately showing quite a bit of support just above the 1.1050 level.
The AUDUSD pair went back and forth during the course of the session on Monday, showing that there is quite a bit of confusion in this market.
GBPUSD recently made a strong downside break from the short-term rising trend line support visible on its 1-hour time frame.
The AUDUSD pair broke higher during the course of the session on Thursday, testing the 61.8% Fibonacci retracement level.
The AUDUSD pair rose during the day on Wednesday, breaking above the recent highs that we’ve seen hold as resistance.
AUDUSD recently broke below a rising trend line support visible on the 4-hour time frame, indicating that a downtrend is starting. Price found support at the .6825 area and is showing signs of a correction.
The EURUSD pair initially fell during the course of the day on Wednesday, but found enough buying pressure underneath to turn things back around and form a bit of a hammer.
