Get Adobe Flash player
Get Adobe Flash player

Members login

EUR/USD Classical Technical Report 08.01

dailyclassics_eur-usd_body_eur.png, EUR/USD Classical Technical Report 08.01

AUD/USD: The market remains very well bid just off record highs shy of 1.1100 and shows no signs of any meaningful let up just yet. From here however, additional gains should be limited, with the greater risks for some form of a pullback to allow for technical readings to unwind. Still, a break and close back below 1.0930 would now be officially required to relieve topside pressures and open a shift in the short-term structure.

DailyFX provides forex news on the economic reports and political events that influence the currency market.
Learn currency trading with a free practice account and charts from FXCM.