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 Daily Forecast, Analysis and Prediction
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Forex Daily Forecast, Analysis and Prediction
Check out the Forex signal for the GBP/USD here.
Check out the Forex signal for the EUR/USD here.
Gold weakened against the American dollar for a third session on Wednesday .
The WTI Crude Oil markets fell initially during the session on Wednesday, but found enough support at the $90 handle in order to turn things back around and form a hammer of sorts.
The EUR/USD pair fell hard during the session on Wednesday, as the US dollar continue to go higher against most currencies around the world.
The GBP/USD pair initially when higher during the session on Wednesday, but as you can see sold off once we get close to the 1.6650 level.
Check out the Forex signal for the GBP/USD pair here.
Check out the Forex signal for the USD/JPY pair here.
Check out the Forex signal for the EUR/USD pair here.
Gold prices settled lower yesterday, extending losses to second straight session, as easing fears of a wider conflict stemming from Russia and Ukraine dented the previous metal's safe-haven appeal.
The WTI Crude Oil markets had a positive session on Tuesday, as we took back most of the losses for the session on Monday.
The EUR/USD pair initially fell during the session on Tuesday, but as you can see found enough support below the 1.39 level to turn things back around and form a nice-looking hammer.
The GBP/USD pair fell during the session on Tuesday, but found enough support below the 1.66 level in order to turn back around and form a hammer. The hammer of course suggests to me that we are going to continue to consolidate just above, and as a result could go as high as the 1.68 level.
The NZD/USD pair broke to the upside during the session on Tuesday, breaking the top of the shooting star from late last week.
The CHF/JPY pair fell during the session on Tuesday, but found the 116 level to be supportive enough to push things back and form something along the lines of a hammer.