The GBP/USD pair fell hard during the course of the session on Monday, testing the 1.55 level again.
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The AUD/USD pair broke higher during the course of the session on Monday, but as you can see pullback in order to form a shooting star. With that being the case, the market looks as if it is ready to continue to sell off every time we try to rally.
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Gold prices ended Monday's session down 0.9%, or $10.85, to settle at $1183.20 an ounce.
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Get the USD/JPY Forex signal for December 30, 2014 here.
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Get the GBP/USD Forex signal for December 30, 2014 here.
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Check out the EUR/USD Forex signal for December 30, 2014 here.
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Get the USD/JPY Forex signal for December 29, 2014 here.
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Get the GBP/USD Forex signal for December 29, 2014 here.
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Get the EUR/USD Forex signal for December 29, 2014 here.
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The EUR/USD pair fell during the session on Friday as per usual, but as you can see did and make a fresh, new low.
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The Singapore dollar is one of my favorite currencies to use in order to play off of Asian strength or weakness. Also, it can be used in general to play the developing world as Singaporean banks tend to be where emerging markets go in Asia to find funding.
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The AUD/CHF pair is one that follows overall risk appetite typically, and as a result will fall as people get a little bit concerned.
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The GBP/USD pair fell slightly during the session on Friday, as we continue to test the 1.55 level for support.
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The EUR/JPY pair has been in a significant uptrend for some time now. While that in itself is a necessarily news, I recognize that there is a significant amount of support below, and I think it’s only a matter time before the buyers step in.
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Gold had ended 2013 at $1206.80 per ounce and as you can see, today we are almost at the same level where we were one year ago.
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