AUDUSD Forecast August 5, 2016, Technical Analysis
The AUDUSD pair rose slightly during the day on Thursday, as we continue to see bullish pressure.
The AUDUSD pair rose slightly during the day on Thursday, as we continue to see bullish pressure.
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.
The EURUSD pair fell significantly during the course of the session on Wednesday, forming what is essentially a “today shooting star” in this market at the 1.12 level.
The EURUSD pair did have a bullish day during the day on Tuesday, breaking above the 1.12 level.
The AUDUSD pair went back and forth during the course of the day on Tuesday, crashing into the 0.75 level, and then shooting towards the 0.7650 handle.
The AUDUSD pair initially tried to rally during the course of the session on Monday, but turn right back around to form a bit of a shooting star.
The GBPUSD pair went back and forth during the course of the day on Monday, showing signs of confusion.
The EURUSD pair went back and forth during the course of the session on Monday, testing the 1.12 level for resistance.
The EURUSD pair initially tried to rally during the course of the session here on Wednesday, but turned around to form a slightly negative candle.
The Australian dollar initially rallied during the day on Wednesday, but found far too much in the way of resistance above and ended up turning back around and form a fairly negative candle.