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.
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Get the EUR/USD Forex signal for January 19, 2015 here.
The EUR/USD pair broke down during the session on Friday, dipping below the 1.15 level, which of course is a large, round, psychologically significant number.
GBP/USD went back and forth during the course of the session Friday, as you continue to grind sideways in general. This market seems to be trying to form some type of base, and it makes sense that the market would be doing so consider that we are just above the 1.50 level, which of course is massively supportive.
The USD/JPY pair bounced during the session on Friday, using the 116 level as a springboard.
The EUR/GBP pair broke lower during the session on Friday, as the Euro continues to fall apart. The Euro sol selling across the board during the session on Friday, and this pair of course was no different.
Gold prices ended Friday's session up 1.35%, or $17.05, to settle at $1279.47 an ounce as disappointing U.S. economic data stoked speculations the U.S. central bank may hold interest rates extremely low for longer than previously thought.
Now that the Swiss National Bank removed the cap last Thursday, the Swiss Franc is back as an independent instrument in its own right. Find out what's next for the CHF here.
Get the Forex forecast learning about quant vs chart reading for the week of January 18, 2015 here.
Get the Forex forecast for the week of January 18, 2015 here.
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The EUR/USD pair fell during the bulk of the session on Thursday, and sliced through the 1.16 level at one point.
The USD/CAD pair fell rather significantly during the session on Thursday, but found the 1.18 level to be just as supportive as I had anticipated.
Gold prices rallied Thursday to log their highest settlement in four months after prices got a boost from the SNB's decision to abandon its cap of 1.20 franc per euro.
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Sign up to get the latest market updates and free signals directly to your inbox.According to the analyses of the USD/JPY and GBP/USD pairs, trader profited on a binary options platform. See how here for January 15, 2015.
The EUR/USD pair continues to stagnate as we see the 1.18 level as been a bit of a magnet for price. Because of this, I don’t really have a whole lot that I want to do with this pair, at least not right now.
The USD/CAD pair tried to break above the 1.20 level during the session on Wednesday, but as you can see was repelled and ended up forming a fairly negative candle.