AUDUSD Forecast April 12, 2016, Technical Analysis
The AUDUSD pair initially tried to pull back during the course of the session on Monday but then ended up rallying.
The AUDUSD pair initially tried to pull back during the course of the session on Monday but then ended up rallying.
The EURUSD pair went back and forth during the course of the day on Monday, showing quite a bit of confusion at the 1.14 handle which of course is the beginning of massive resistance.
The AUDUSD pair initially tried to pull back during the course of the session on Monday but then ended up rallying.
The EURUSD pair initially fell during the day on Wednesday, but turn right back around to form a fairly bullish candle.
The AUDUSD pair initially fell on Wednesday but found enough support just above the 0.75 level again to bounce.
The EURUSD pair initially fell during the course of the day on Tuesday, but turned right back around to form a bit of a hammer.
AUDUSD pair initially tried to rally during the day on Tuesday but turn right back around to fall into the 0.75 handle.
The EURUSD pair initially fell during Monday, but found a bit of support below to bounce and form a hammer.
The AUDUSD pair fell slightly during the day on Monday, but essentially did nothing.
The USDCAD pair initially rose during the course of the day on Friday, but turned right back around to form a bit of a shooting star. The shooting star completely contradicts the hammer that we formed during the Thursday session, and the fact that the 1.30 level is massively supportive, and also has an uptrend line near there, it makes sense that we will continue to see quite a bit