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.
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.
The EURUSD pair fell slightly during the course of the session on Monday, as we simply meandered below the 1.10 level.
During the session today, we will be hearing from the Reserve Bank of Australia.
The EURUSD pair initially fell during the day on Tuesday, but found the 1.10 level to be supportive enough to turn the market back around.
The AUDUSD pair broke higher during the course of the day on Tuesday, but still has plenty of noise just above, not to mention the fact that we have a ceiling at the 0.75 level at the moment.
The EURUSD pair rose during the course of the day on Monday, breaking well above the 1.10 handle, and testing the 1.11 level.
The AUDUSD pair initially tried to rally during the course of the day on Monday, but turned back around somewhere near the 0.7350 handle.
The AUDUSD pair fell slightly during the session on Friday, but as you can see bounced a bit in order to form a hammer like candle.
The EURUSD pair initially fell during the course of the session on Friday, but found enough support near the 1.09 level to turn things back around and form a hammer.
The GBPUSD pair initially rallied during the session on Thursday, testing the 1.57 region. However, we sold off rather drastically and crashed into the 1.55 handle.