EURUSD Weekly Analysis – July 10, 2016
EURUSD remains in downtrend from 1.1616, the rise from 1.0911 is likely consolidation of the downtrend.
EURUSD remains in downtrend from 1.1616, the rise from 1.0911 is likely consolidation of the downtrend.
The AUDUSD pair initially fell during the course of the day on Wednesday but turn right back around to break above the 0.75 level.
The EURUSD pair initially fell during the course of the session on Wednesday, but turn right back around and form a hammer.
The EURUSD pair initially tried to rally during the course of the day on Tuesday but found the previous uptrend line as resistive, and as a result we turn right back around to form a fairly negative candle.
The AUDUSD pair fell a bit during the course of the day on Tuesday as traders returned from the Independence Day holiday in America.
The EURUSD pair initially fell during the day on Monday, but then turned back around to form a bit of a hammer.
The AUDUSD pair broke above the 0.75 level during the day on Monday, but we are still below the pressure that had formed a shooting star from the previous week.
The EURUSD pair initially tried to rally during the day on Thursday, but turned right back around to fall fairly significantly during the day.
The AUDUSD pair initially fell during the course of the day on Thursday, but turned back around to form a hammer.
The GBPUSD pair rose slightly during the course of the session on Tuesday, but did get back some of the gains.