The CAD/JPY pair initially fell during the course of the day on Tuesday, but as you can see found enough support below to turn things back around and form a nice-looking hammer.
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The USD/JPY pair initially surged higher during the session on Tuesday, but as you can see struggled once we got above the 106.25 region. With that being the case, we ended up forming a little bit of a shooting star, and that of course suggests that the market is going to see some weakness.
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The GBP/USD pair went back and forth during the course of the day on Tuesday, but ultimately decided very little in the end of the day. The market is essentially neutral for the session, but there is no doubt that we are in a massive downtrend.
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BTC/USD opened higher in today’s trading session before quickly posting a fall to $462.69 after Bulls had something to cheer on the increase of volumes in yesterday’s trading session.
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The XAU/USD pair (Gold vs. the American dollar) closed yesterday's session with a loss as the market continued to encounter resistance around the $1272.90 level.
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Check out the USD/JPY Forex signal for September 9, 2014 here.
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Get the GBP/USD Forex signal for September 9, 2014 here.
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Check out the EUR/USD Forex signal for September 9, 2014 here.
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According to the analysis of the EUR/USD and and GBP/USD pairs, trader profited on a binary options trading platform. See how here
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Get the USD/JPY weekly Forex signal for September 8, 2014 here.
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BTC/USD continues to trade down and in a narrow range. It is currently trading in a very narrow range of $466 to $483 with immediate support pegged at $463.77 and resistance at $500 levels which is also psychological level which traders would be watching.
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Check out the USD/JPY Forex signal for September 8, 2014 here.
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Check out the GBP/USD Forex signal for September 8, 2014 here.
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Check out the EUR/USD Forex signal for September 8, 2014 here.
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