The USD/SGD pair initially tried to fall back below the 1.35 level during the session on Wednesday, but as you can see had enough buying pressure underneath it to turn things back around and form a slight hammer.
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Gold prices closed lower on Wednesday, giving back a portion of the previous day's gains, as the greenback strengthened after the Federal Reserve boosted its assessment of the economy and labor market.
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According to the analyses of the AUD/USD and EUR/USD, trader profited using a binary options platform. Find out how here for January 28, 2015.
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Get the USD/JPY Forex signal for January 28, 2015 here.
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Get the GBP/USD Forex signal for January 28, 2015 here.
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Check out the EUR/USD Forex signal for January 28, 2015 here.
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Check out the USD/CHF analysis for January 28, 2015 here.
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The EUR/USD pair broke higher during the course of the session on Tuesday, testing the 1.14 level.
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The USD/CHF pair initially went higher during the course of the session on Tuesday, but as you can see turned back around to form a shooting star.
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The AUD/USD pair broke higher during the course of the session on Tuesday, reaching towards the 0.80 handle.
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The EUR/CHF pair initially broke higher during the course of the session on Tuesday, but ran into a bit of resistance at the 1.03 level. That being the case, we ended up turning back around and forming a shooting star of sorts.
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The USD/JPY pair fell during most of the session on Tuesday, but as you can see found a bit of support near the 117.25 level. With that being the case, the market appears as if it is ready to continue grinding sideways as it has over the last week or two.
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Gold prices rose $11 an ounce on Tuesday, propelled by a disappointing report on U.S. durable goods orders and a weak session for equities that helped push the precious metal into positive territory for the first time in three sessions.
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According to the analyses of the NZD/USD and AUD/USD pairs, trader profited on a binary options platform. See how here for January 27, 2015.
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Check out the GBP/USD weekly Forex signal for January 27, 2015 here.
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