The following are the most recent pieces of Forex technical analysis from around the world. The Forex technical analysis below covers the various currencies on the market and the most recent trends, technical indicators, as well as resistance and support levels.
Most Recent
USDCAD: Bulls failing to break recent highs
USDCHF Analysis: Resistance at 0.9950 holds
GBPUSD: Extremely bearish 2-year low
EURUSD: Bearish consolidation above 1.1100
At the beginning of this week's trading, the EUR / USD pair is settling around the 1.1100 support level, the lowest for two years.
As we have consistently predicted, the pound will remain under pressure due to the fears of the future of the Brexit.
For the first time in a row, gold prices have remained in limited ranges between the $1411 support level and the$ 1433 resistance, forming a consolidation zone that signals a move ahead, and that investors are preparing to start again.
For three consecutive trading sessions, the USD / JPY pair is close to the 108.82 resistance level waiting for stronger catalysts to support the bullish correction which will not work without moving towards the 110.00 psychological resistance level.
NZDUSD: Bearish below 0.6641
Bonuses & Promotions
AUDUSD: Bearish momentum testing 0.6905
USDJPY: Bullish break but 108.73 holds
Bitcoin: Medium-term bearish trend
Subscribe
Sign up to get the latest market updates and free signals directly to your inbox.The Euro continues to go back and forth, and it looks as if we are likely to see more of the same going forward.
The US dollar has been bullish against the Japanese yen over the last several sessions, and on Friday it was no different.
The British pound continued to fall during the trading session on Friday, reaching down below the 1.24 level.