The AUD/USD pair initially showed strength during the Dem Monday, but as you can see pulled back a bit and then formed something akin to a shooting star.
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The USD/CAD pair bounced significantly during the course of the session on Monday to test the 1.30 level.
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The GBP/USD pair initially tried to break higher during the course of the day on Monday, but found far too much in the way of resistance somewhere near the 1.54 level.
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Get the NZD/USD Forex signal for October 12, 2015 here.
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Get the AUD/USD Forex signal for October 12, 2015 here.
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Get the USD/JPY Forex signal for October 12, 2015 here.
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Get the USD/CAD Forex signal for October 12, 2015 here.
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Get the USD/CHF Forex signal for October 12, 2015 here.
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Get the GBP/USD Forex signal for October 12, 2015 here.
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Get the EUR/USD Forex signal for October 12, 2015 here.
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The EUR/USD pair broke higher during the course of the session on Friday, clearing the top of the shooting star from the Thursday session.
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The NZD/CAD pair broke higher during the course of the session on Friday, but turned back around near the 0.87 level to form a shooting star.
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The USD/CAD pair fell during the course of the session on Friday, but found enough support below to turn things back around and form a hammer.
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Gold prices settled at $1156.47 per ounce, rising nearly 1.7% over the course of the week, on speculation that a U.S. rate hike may take longer than expected.
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Check out the weekly Forex forecast using quant vs. chart reading analysis for the week of October 12, 2015 here.
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