Gold prices fell $2.56 an ounce on Tuesday, extending the previous day's losses, as caution set in ahead of important data releases. The XAU/USD pair dipped to a low of 1195.27 before bouncing back to the 1206 level.
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According to the analyses of the USD/JPY and EUR/USD, trader profited using a binary options platform. Find out how here for March 3, 2015.
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Gold prices ended Monday's session down 0.58%, or $7.04, to settle at $1206.41 an ounce as the U.S. dollar continued to strengthen and buoyant global equities dented demand for the precious metal.
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The EUR/USD pair tried to break out to the upside during the session on Monday, but as you can see, the 1.12 level offered far too much in the way of resistance.
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The EUR/GBP pair has been very steady for some time now, and as a result I have made a pretty decent profit shorting this market.
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The GBP/USD pair fell during the course of the Monday session, as we approached the 1.53 level which has been minor support in my opinion.
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According to the analyses of the USD/JPY and EUR/USD, trader profited using a binary options platform. Find out how here for March 2, 2015.
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Get the USD/JPY Forex signal for March 2, 2015 here.
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Get the EUR/USD Forex signal for March 2, 2015 here.
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