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Forex Technical Analysis
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Forex Technical Analysis
Check out the USD/CHF Forex signal for July 29, 2015 here.
Check out the GBP/USD Forex signal for July 29, 2015 here.
During the session on Tuesday, we saw the WTI Crude Oil markets rise a bit, as the $47 level offered some support in this embattled market.
Check out the EUR/USD Forex signal for July 29, 2015.
The EUR/USD pair found support after falling during the Tuesday session near the 1.10 level.
The EUR/GBP pair fell during the course of the day on Tuesday, breaking the bottom of the shooting star towards the end of the day that had formed on Monday.
Gold prices ended Tuesday nearly unchanged as investors remained cautious ahead of the Federal Open Market Committee announcement today.
Check out the USD/CHF Forex signal for July 28, 2015 here.
Check out the GBP/USD Forex signal for July 28, 2015 here.
Check out the EUR/USD Forex signal for July 28, 2015
The EUR/USD pair took off to the upside during the session on Monday, easily hurtling over the 1.10 handle.
The GBP/AUD pair initially fell during the course of the day on Monday, but found enough support below the 2.1250 level to turn things back around and close the very top of the range.
The AUD/NZD pair fell during the session on Monday, testing the 1.10 level. This of course is a large, round, psychologically significant number, and as a result I believe that if we can continue a little bit lower, the market will probably drop to the 1.0850 level.
The USD/CAD pair initially fell during the course of the session on Monday, but found the 1.30 level to be supportive enough to turn the market back around and form a hammer. With this, it suggests that we are going to go much higher, perhaps finally breaking out given enough time.
The USD/CHF pair initially fell during the course of the session on Monday, but found support just above the 0.95 level yet again. By doing so, we ended up forming a nice-looking hammer, and as a result it looks as if the market is going to continue going higher.