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.
The Euro rallied during the course of the day on Tuesday, breaking well above the 1.12 level that we suggested could be resistive. The British pound get a nice bounce during the course of the day on Tuesday, breaking above the 1.30 level again.
The CHF/JPY pair isn’t one that a lot of you trade on a frequent basis we assume, but it is a very important Forex pair to pay attention to.
Get the USD/CAD Forex Signal for August 17, 2016 here.
Get the USD/CHF Forex Signal for August 17, 2016 here.
Get the GBP/USD Forex Signal for August 17, 2016 here.
Get the EUR/USD Forex Signal for August 17, 2016 here.
Gold prices rose for a second day on Tuesday as mixed U.S. economic data failed to give clarity on whether the Federal Reserve will raise interest rates next month.
Get the NZD/USD Forex Signal for August 16, 2016 here.
Get the AUD/USD Forex Signal for August 16, 2016 here.
Get USD/JPY Forex Signal for August 16, 2016 here.
Get the USD/CAD Forex Signal for August 16, 2016 here.
Get the USD/CHF Forex Signal for August 16, 2016 here.
Get the GBP/USD Forex Signal for August 16, 2016 here.
Get the EUR/USD Forex Signal for August 16, 2016 here.
The EUR/USD pair went back and forth during the course of the session on Monday, ultimately settling on a slightly positive candle. The British pound initially trying to rally during the course of the session here on Monday, but turned right back around to form a shooting star.
