The EUR/USD pair initially tried to rally during the session on Wednesday, but found enough resistance near the 1.1250 level that it turned back around to form a bit of a shooting star.
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The WTI Crude Oil markets fell during the session on Wednesday, as we continue to bounce around the $60 handle in general. To be honest though, if you are a short-term trader you must absolutely love this market at the moment.
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The USD/MXN pair rallied during the session on Wednesday, as we broke above a recent barrier and the 15.45 region. With this, I believe that the market continues to go higher, as we should continue to follow the overall uptrend in channel that I have marked on the chart.
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Several days ago, I had an analysis that suggested the 1.3750 region was going to be important in the EUR/CAD pair. Since then, we rallied from that level and then came back to test it again on Tuesday.
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The NZD/USD pair had a bit of a rally during the session on Wednesday, but towards the end of the day we got a bit of a selloff, making what once look like a reasonable rally look very weak and uninspired by the time it was all said and done.
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Check out the AUD/USD Forex signal for June 25, 2015 here.
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Check out the USD/JPY Forex signal for June 25, 2015 here.
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Check out the GBP/USD Forex signal for June 25, 2015 here.
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Check out the EUR/USD Forex signal for June 25, 2015 here.
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Gold prices settled lower yesterday, extending their losses to a fourth straight session, as strength in the U.S. dollar and expectations of higher U.S. interest rates continued to weigh on the market.
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Check out the AUD/USD Forex signal for June 24, 2015 here.
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Check out the USD/JPY Forex signal for June 24, 2015 here.
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Check out the GBP/USD Forex signal for June 24, 2015 here.
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Check out the EUR/USD Forex signal for June 24, 2015 here.
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The EUR/USD pair fell during the session on Tuesday, as we continue to get rumors and headlines coming from the Greek debt talks. With this, I believe that they are offering value every time this market sells, and as a result I like buying on supportive candles.
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