GBPUSD Forecast December 8, 2015, Technical Analysis
The GBPUSD pair initially tried to rally on Monday, but then turned back around to fall significantly.
The GBPUSD pair initially tried to rally on Monday, but then turned back around to fall significantly.
The AUDUSD pair fell during the day on Monday, finally making a decision after forming several indecisive candles in a row.
The USDJPY pair bounced during the day on Friday as the employment numbers came out much stronger than anticipated.
The USDCAD pair went back and forth during the course of the day on Wednesday as we got employment numbers out of both the United States and Canada.
The EUR/USD pair fell slightly during the course of the session on Friday, as the previous uptrend line now is offering quite a bit of resistance.
The GBPUSD pair fell slightly during the course of the session on Friday, as we collected some of the gains from the Thursday session.
The AUDUSD pair went back and forth during the course of the day on Friday, testing the 0.74 level.
The EURUSD pair initially fell during the day on Thursday, but then rocketed to the upside to crash into the bottom of the uptrend line that had previously made the ascending triangle.
The AUDUSD pair initially fell during the day but then turned back around as we continue to see the strength in the Australian dollar.
AUDUSD has been moving in a steady uptrend, trading above an ascending trend line connecting the latest lows of price action. Price recently made a swing high near the .7350 minor psychological level before showing signs of a pullback.