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
Before the announcement of important US GDP figures, the EUR / USD pair is stabilizing around the support level of 1.1348 after the last bounce to reach the 1.1411 resistance level, the highest in three months.
Mark Carney was frank and confirmed what he had said earlier during his testimony on the inflation report in Britain,
For the second day in a row, the price of gold reached $1400 an ounce awaiting stronger catalysts to continue the recent winning streak
For the second day in a row, the USD/JPY is attempting to have an upward correction with gains reaching 108.12 at the time of writing
NZDUSD analysis: Bullish running out of steam at 0.6700?
AUDUSD analysis: Bulls still pushing price up, but 0.7000 area may resist
USDJPY: Bulls pushing and testing 108.16
Bitcoin: Choppy, volatile blow-off
USDCAD: Strongly Bearish at new 4-month low
Bonuses & Promotions
USDCHF Analysis: Bullish retracement against trend continues
GBPUSD: Pound neutral against resurgent Dollar
EURUSD: Bearish retracement from 3-month high price continues
Subscribe
Sign up to get the latest market updates and free signals directly to your inbox.The Euro has gone back and forth during the trading session on Wednesday as we continue to dance around the 200 day EMA.
The Bitcoin market is now parabolic and looking very dangerous to say the least.
The S&P 500 initially tried to rally during the trading session on Wednesday but gave back all of the gains.