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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The USD/JPY pair initially fell during the session on Wednesday, but found enough support at the 160 level to turn things back around for a bit of a hammer.
Get the USD/JPY Forex signal for January 15, 2015 here.
The GBP/CHF pair tried to break out during the course of the day on Wednesday, but as you can see the 1.55 level started offer quite a bit of resistance.
The GBP/USD pair broke higher during the course of the day on Wednesday, breaking the top of the hammer from both Monday and Tuesday, an extraordinarily bullish sign.
Gold prices settled lower yesterday, extending losses to second straight session, as the bulls failed to overcome the resistance around the $1240 level.
Get the EUR/USD Forex signal for January 15, 2015 here.
According to the analyses of the EUR/JPY and GBP/USD pairs, trader profited on a binary options platform. See how here for January 14, 2015.
The EUR/USD pair broke down during the session on Tuesday, slicing through the 1.18 level. However, you can see that we bounce a little bit off of the bottom, so we are not ready to break down yet.
The EUR/JPY pair fell during the course of the day on Tuesday, testing the 138 handle for support. We did bounce a little bit from there, and as a result it looks like the buyers could step in this general vicinity.
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The GBP/USD pair fell initially during the session on Tuesday, but just as we had seen this pair to during the Monday session, we ended up bouncing and forming a nice-looking hammer.
Gold prices ended slightly lower Tuesday on technical selling and signs of stabilization in the risk environment.
According to the analyses of the USD/CAD and GBP/USD pairs, trader profited on a binary options platform. See how here for January 13, 2015.
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Sign up to get the latest market updates and free signals directly to your inbox.The EUR/USD pair fell during the bulk of the session on Monday, testing the 1.18 level for support. That area is a massive amount of support just waiting happen, based upon the monthly chart.
Get the USD/JPY Forex signal for January 13, 2015 here.
Get the EUR/USD Forex signal for January 13, 2015 here.