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
The AUD/USD price popped after the latest American jobs data. It popped to a high of 0.6886, the highest point since January 4.
The DAX has rallied significantly during the trading session on Friday, as a look like we are threatening a major breakout.
By the end of last week’s trading, gold futures extended their series of gains.
The GBP/CAD bounced a bit during the trading session on Friday as we tested the 50-Day EMA, a technical indicator that a lot of people will be paying close attention to.
The AUD/JPY rallied a bit against the Japanese yen on Friday, slamming into the ¥91 level.
The West Texas Intermediate Crude Oil market has rallied a bit during the trading session on Friday, to reach the $75 level.
The GBP/USD initially dipped a bit during the trading session on Friday, but then turned around after the jobs number slam back into the 1.21 level.
The S&P 500 E-mini contract rallied a bit during the Friday session after the job summer came out, slamming into the 50-Day EMA.
Gold markets have rallied rather significantly during the Friday session after the job summer came out in the United States.
Bonuses & Promotions
The EUR/USD initially dipped a bit during the trading session on Friday, only to turn around and show signs of life again.
My previous EUR/USD signal on 21st December was not triggered, as none of the key levels were reached that day.
The GBP/USD went into the weekend near the 1.20860 level, after starting the week near a high of around 1.21000.
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Sign up to get the latest market updates and free signals directly to your inbox.This week I will begin with my monthly and weekly Forex forecast of the currency pairs worth watching.
The EUR/USD will start the week near the 1.06390 level, which may be a good result for bullish traders considering the fact the currency pair was challenging a low of nearly 1.04800 only a handful of hours before the surge upwards.
The difference between success and failure in Forex / CFD trading is highly likely to depend mostly upon which assets you choose to trade each week and in which direction, and not on the exact methods you might use to determine trade entries and exits.