The EUR/USD pair went back and forth during the course of the day on Wednesday, testing the 1.26 level, but not making any significant movement below or above it.
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Gold weakened against the American dollar for a third straight session as weakening demand continued to lure investors away from the market.
BTC/USD showed some strength in yesterday’s trading session bouncing back from the lows. The digital currency was unable to sustain at higher levels, which is a cause of concern.
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Check out the USD/JPY Forex signal for October 1, 2014 here.
Check out the GBP/USD Forex signal for October 1, 2014 here.
Check out the EUR/USD Forex signal for October 1, 2014 here.
The WTI Crude Oil markets fell hard during the course of the session on Tuesday, slamming into the $91.00 level. With that being the case, the market looks as if it could be continue to fall a little bit here, but there is so much support at the $90.00 level that it could be difficult to continue going lower.
Silver markets fell rather hard during the course of the day on Tuesday, slicing through the $17.50 level with ease.
The EUR/GBP pair has been falling for quite some time, and recently had broken down below a significant support level in the form of the 0.7875, bouncing back to retest it for resistance, and finding it.
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The USD/CAD pair rose during the course of the session on Tuesday, slamming into the 1.12 level during the day. We did close just above there, but we slammed and sliced enough for me to be comfortable thinking that this market will in fact break out to the upside.
The GBP/CHF pair broke higher during the course of the day on Tuesday, slicing through the 1.55 level at one point during the trading session.
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BTC/USD continued to remain in a strong downtrend in yesterday’s trading session. The digital currency post breaking below the all-important support zone at $380 has been unable to climb above the mentioned level.
Check out the GBP/USD Forex signal for September 30, 2014 here.
Check out the USD/JPY Forex signal for September 30, 2014 here.