The EUR/USD pair tried to break higher during the course of the session on Tuesday again, but just like Monday, we ended up seen enough selling to turn things back around and form a shooting star.
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The USD/SGD pair tried to break out during the course of the session on Tuesday, but as you can see the 1.34 level offered enough resistance to turn things back around and push the market lower.
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The EUR/JPY pair initially tried to rally during the course of the session on Tuesday, but gave back most of the gains as we approached the 138 handle.
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The USD/JPY pair initially dipped slightly during the session on Tuesday, but found enough buyers to continue higher. That being the case, we are testing the 119 level during the session, and it looks as if we could continue to go higher.
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Gold prices ended higher on Tuesday, erasing all of the previous day's losses, as conditions in the market boosted the precious metal's safe-haven appeal.
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According to the analyses of the USD/CAD and EUR/USD pairs, trader profited on a binary options platform. See how here for January 20, 2015.
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The EUR/USD pair tried to break higher during the course of the day on Monday, but as you can see struggled to clear the top of a hammer.
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The USD/JPY pair broke higher during the course of the session on Monday, clearing the 118 handle finally. Because of this, I feel that the market is going to head towards the 120 level, which of course is resistance above.
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The USD/CAD pair did almost nothing during the session on Monday, as we printed a neutral candle just underneath the 1.20 resistance barrier.
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Gold ended the day almost unchanged as the market took a breather after surging to a four-month high on Friday.
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According to the analyses of the USD/JPY and EUR/USD pairs, trader profited on a binary options platform. See how here for January 19, 2015.
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Get the USD/CHF Forex signal for January 19, 2015
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