EURUSD Forecast June 29, 2016, Technical Analysis
The EURUSD pair rallied initially during the day on Tuesday, filling the gap from Monday.
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AUDUSD Forecast June 29, 2016, Technical Analysis
The Australian dollar initially bounced against the US dollar during the day on Tuesday, but gave back most the gains in order to form a bit of a shooting star.
GBPUSD Forecast June 28, 2016, Technical Analysis
The GBPUSD pair gapped lower at the open on Monday as anticipated, and as a result we continue to see selling pressure.
EURUSD Forecast June 28, 2016, Technical Analysis
The EURUSD pair gapped lower at the open on Monday, and bounced off of the 1.10 level during the day.
AUDUSD Forecast June 28, 2016, Technical Analysis
The AUDUSD pair gapped lower at the open on Monday, and then broke down.
AUDUSD Support Turned Resistance June 27 2016
AUDUSD tested the .7650 minor psychological resistance before selling off sharply last week and a look at the daily time frame shows that this resistance is a long-term area of interest.
AUDUSD Forecast June 23, 2016, Technical Analysis
The AUDUSD pair rose during the course of the session on Wednesday, breaking out to a fresh, new high.
EURUSD Rising Channel June 23, 2016
EURUSD seems to have bullish momentum on its side at the moment, as price is moving inside an ascending channel and bouncing off support. A test of the channel resistance at 1.1600 could be underway but there’s nearby resistance at the top of a longer-term range around 1.1450.
GBPUSD Forecast June 21, 2016, Technical Analysis
The GBPUSD pair initially fell during the course of the day and then turn right back around to break out to the upside. However, there is still more than enough resistance at the 1.48 level to keep this market somewhat soft, and this was initially a “knee-jerk reaction” to the latest polling data out of the UK when it comes to the EU referendum.
EURUSD Forecast June 21, 2016, Technical Analysis
The EURUSD pair initially tried to rally during the day on Monday as we gapped at the open, but at the end of the day we did up turning right back around and filling that gap.