The EUR/GBP pair broke higher during the course of the session on Tuesday, breaking above the top of the hammer that had formed on Monday.
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The AUD/JPY pair fell initially during the day on Tuesday, but as you can see on the chart ended up forming a nice-looking hammer.
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Get the NZD/USD Forex Signal for December 8, 2015 here.
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Get the AUD/USD Forex Signal for December 8, 2015 here.
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Get the USD/JPY Forex Signal for December 8, 2015 here.
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Get the USD/CAD Forex Signal for December 8, 2015 here.
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Get the USD/CHF Forex Signal for December 8, 2015 here.
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Get the GBP/USD Forex Signal for December 8, 2015 here.
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Get the EUR/USD Forex Signal for December 8, 2015 here.
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The AUD/CHF pair fell during the course of the day on Monday, testing the 0.7250 level.
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The GBP/AUD pair rose during the course of the day on Monday, but found the 200 day exponential moving average to be far too resistive.
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The GBP/USD pair fell during the course of the session on Monday, breaking down and heading towards the 1.50 level.
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The USD/CAD pair broke higher during the course of the session on Monday, finally slicing through the 1.35 level.
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During the session on Monday, the EUR/USD pair fell immediately. However, we did bounce off of the 1.08 handle, and as a result should signs of support.
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The market started the week on the back foot, erasing a portion of the gains made last week, as the bull's inability to pass through the 1087 resistance triggered some profit taking.
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