The USD/SGD pair initially tried to rally during the session on Thursday, but as you can see we ended up forming a shooting star for the day, as the Wednesday session also provided the same type of action.
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The AUD/USD pair initially fell during the course of the session on Thursday, breaking below the 0.72 level. However, the market turned back around and bounced enough to form a bit of a hammer.
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The European Central Bank announced during the day on Thursday that perhaps going deeper into stimulus was not completely out of the question.
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Gold prices closed lower on Wednesday, erasing all of the previous day's gains, and settled at $1166.92 an ounce as the U.S. dollar continued to strengthen.
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Check out the NZD/USD Forex signal for October 22, 2015 here.
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Get the AUD/USD Forex signal for October 22, 2015 here.
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Get the USD/JPY Forex signal for October 22, 2015 here.
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Get the USD/CAD Forex signal for October 22, 2015 here.
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Get the USD/CHF Forex signal for October 22, 2015 here.
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Check out the GBP/USD Forex signal for October 22, 2015 here.
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Get the EUR/USD Forex signal for October 22, 2015 here.
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The EUR/USD pair did very little during the course of the session on Wednesday, as the 1.14 level continues to be far too resistive.
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The AUD/CHF is one of my favorite pairs to trade overall, simply because it is a basic assessment of risk appetite around the world. Quite frankly, the Australian dollar although a major currency, is considered to be a bit risky.
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The GBP/AUD pair rallied during the day on Wednesday, reaching towards the 2.15 handle.
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Gold prices rose 0.5% on Tuesday, snapping a three-day losing streak, and settled at $1175.89 an ounce as a softer dollar lured investors back into the market.
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