The EUR/GBP pair initially tried to rally during the course of the day on Monday, but as you can see struggled above the 0.74 level to continue its bullish pressure.
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The USD/CAD pair tried to rally during the course of the session on Monday, but as you can see struggled at the 1.25 handle.
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The TRY/JPY try to rally during the course of the session on Monday, but as you can see struggled and turned back around to form a shooting star.
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Get the USD/CAD Forex signal for February 16, 2015 here.
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Get the USD/JPY Forex signal for February 16, 2015 here.
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Get the GBP/USD Forex signal for February 16, 2015 here.
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Get the USD/CHF Forex signal for February 16, 2015 here.
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Get the EUR/USD Forex signal for February 16, 2015 here.
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The EUR/USD pair fell slightly during the session on Friday, and what was an otherwise quiet trading environment.
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Gold prices dropped 0.52% over the course of the week as the conditions in the marketplace continued to diminish desire for safe-haven diversification.
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The GBP/USD pair broke down slightly during the session on Friday, in a fairly quiet trading environment. After the surge higher on Thursday, the pullback was very minimal and as a result I feel like this market is going to continue going higher next.
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The NZD/USD pair went back and forth during the course of the day on Friday, treading water at the 0.74 handle. By doing so, it looks as if the market is ready to attempt the 0.75 handle again, which of course has been resistive.
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The USD/CAD pair initially tried to rally during the course of the day on Friday, but fell back down and close below the 1.25 handle.
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The EUR/CHF pair had a very quiet session on Friday, as we continue to press the top of the recent consolidation which is just above the 1.05 handle.
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Get the forecast for some of the major Forex pairs for the week of February 15, 2015 here.
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