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
Check out the Forex signal for the USD/JPY pair here.
Check out the Forex signal for the GBP/USD pair here.
Check out the Forex signal for the EUR/USD pair here.
According to the analysis of the EUR/JPY and GBP/USD pairs, trader profited on a binary options trading platform. See how here
When we look at the forex markets as a whole, some interesting trends have developed in the first half of this year. Most of the activity as focused on the US Dollar, which is not entirely surprising given the fact that the greenback tends to define many of the larger trends that are present in the market.
Gold prices (XAU/USD) ended yesterday's session with a loss as strength in the U.S. dollar and equities markets lured some investors away from the precious metal.
The WTI Crude Oil markets rose during the session on Tuesday, testing the $102 level, which was the initial target that I had set.
The EUR/USD pair fell hard during the session on Tuesday, testing the 1.37 level. The 1.37 level did in fact told support though, and as a result it has caught my attention.
The cable pair fell during the session on Tuesday, testing the 1.68 level. This area has been resistance in the past, so now I suspect that the market should offer support.
Bonuses & Promotions
The EUR/JPY pair tried to rally during the session on Tuesday, but as a result of selling pressure, we ended up falling back down towards what I am starting to see as a potential trend line.
The USD/CHF pair rose during the session on Tuesday, testing the 0.89 handle. I believe that if we can break above the shooting star that formed in the beginning of April, this pair should go much higher.
Check out the Forex signal for the USD/JPY pair here.
Subscribe
Sign up to get the latest market updates and free signals directly to your inbox.Check out the Forex signal for the GBP/USD pair here.
Check out the weekly Forex signal for the EUR/GBP pair here.
Check out the Forex signal for the EUR/USD pair here.