The NZD/USD pair has been selling off rapidly over the course of several months now, but during the Thursday session we found enough support to turn things back around and form a hammer.
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Gold prices fell $4.18 an ounce to $1181.56 on Thursday as a rebound in the dollar and equities prompted investors to take profits from a three-day run of gains.
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Gold prices ended Wednesday's session up 0.76%, marking the third consecutive rise, as weakness in the greenback helped prices regain their footing.
Check out the AUD/USD Forex signal for June 11, 2015 here.
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Check out the GBP/USD Forex signal for June 11, 2015 here.
Check out the EUR/USD Forex signal for June 11, 2015 here.
The EUR/USD pair initially rallied during the session on Wednesday, but found the 1.14 level to be a bit too resistive. By doing so, we ended up turning things back around and forming a shooting star.
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The GBP/USD pair broke higher during the course of the session on Wednesday, slicing through the 1.55 handle at one point during the day.
Check out the AUD/USD Forex signal for June 10, 2015 here.
Check out the USD/JPY Forex signal for June 10, 2015 here.
Check out the GBP/USD Forex signal for June 10, 2015 here.
Check out the EUR/USD Forex signal for June 10, 2015 here.
The EUR/USD pair initially fell during the day on Tuesday, but found enough support near the 1.12 level to turn things back around and show quite a bit of resilience.