Technical Analysis

Forex Technical Analysis

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.

Forex Technical Analysis

USD/SGD: Corrective Phase Well-Positioned to Continue | 3/27/2020 9:19:36 AM

Singapore delivered a massive second economic stimulus worth S$48 billion.

Silver Forecast: Markets Stall after Nice Rally | 3/27/2020 8:18:46 AM

Silver markets went back and forth during the trading session on Thursday, showing signs of strength initially but then giving back the gains.

Gold Forecast: Building Up Momentum | 3/27/2020 8:07:28 AM

Gold markets have gone back and forth and choppy trading during the trading session on Thursday, as we try to figure out where we are going next.

DAX Forecast: to Struggle with 10,000 | 3/27/2020 8:04:50 AM

The German index initially fell during the trading session on Thursday, reaching down towards the bottom of the candlestick from the Wednesday session.

WTI Crude Oil Forecast: Continuing to Consolidate | 3/27/2020 7:57:39 AM

The West Texas Intermediate Crude market has pulled back just a bit during trading on Thursday, as we continue to see $25 offer significant resistance.

GBP/ZAR: Will Breakout Sequence Result in New 2020 High? | 3/27/2020 7:31:37 AM

After the UK released disappointing retail sales for February, the GBP/ZAR continued its recovery on the back of weakness in the South African Rand.

NZD/USD: Pending Breakout to Extend Price Action Recovery | 3/27/2020 7:25:11 AM

Covid-19 cases in the US have surpassed those in China. President Trump has vowed to force the economy open by April 12th,

AUD/NZD: Breakout Sequence Awaits Momentum Recovery | 3/26/2020 12:57:46 PM

Australia and New Zealand have announced economic relive packages, while bot central banks announced quantitative easing measures after slashing interest rates to 0.25%.

CAD/JPY: Will Short-Term Resistance Zone Force Sell-Off? | 3/26/2020 12:47:09 PM

Canada’s economy began the Covid-19 pandemic and collapse in oil prices on a vulnerable foundation.

USD/JPY Technical Analysis: Bullish Momentum is Still Valid | 3/26/2020 12:24:31 PM

Despite the USD/JPY attempts of a lower correction for two trading sessions in a row, the pair is still moving inside its upward channel, and the correction is temporary because all factors still support the continuation of its gains.

Gold Technical Analysis: A Cautious Anticipation of the US Data | 3/26/2020 12:15:14 PM

Before the announcement of the most important US economic data for this week.

GBP/CHF: More Room to the Upside Following Breakout | 3/26/2020 12:13:16 PM

A bullish chart pattern is emerging in the GBP/CHF, following the collapse in this currency pair on the back of panic selling.

Gold: Spike in Global Debt amid Weak GDP to Lead to New Highs | 3/26/2020 12:10:10 PM

Global Covid-19 cases are approaching 500,000, and the economy is on track to enter a recession.

AUD/USD Forex Signal: Still Bullish | 3/26/2020 12:06:35 PM

AUD/USD: Pivotal point at 0.6094

GBP/USD Technical Analysis: Ahead of British Inflation Figures | 3/26/2020 12:04:44 PM

As was the performance with other major currencies, the pound succeeded in making some gains, taking advantage of the weakening dollar.