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
BTC/USD opened higher in today’s trading session before quickly posting a fall to $462.69 after Bulls had something to cheer on the increase of volumes in yesterday’s trading session.
The XAU/USD pair (Gold vs. the American dollar) closed yesterday's session with a loss as the market continued to encounter resistance around the $1272.90 level.
Check out the USD/JPY Forex signal for September 9, 2014 here.
Top Forex Brokers
Get the GBP/USD Forex signal for September 9, 2014 here.
Check out the EUR/USD Forex signal for September 9, 2014 here.
According to the analysis of the EUR/USD and and GBP/USD pairs, trader profited on a binary options trading platform. See how here
Get the USD/JPY weekly Forex signal for September 8, 2014 here.
BTC/USD continues to trade down and in a narrow range. It is currently trading in a very narrow range of $466 to $483 with immediate support pegged at $463.77 and resistance at $500 levels which is also psychological level which traders would be watching.
Check out the USD/JPY Forex signal for September 8, 2014 here.
Bonuses & Promotions
Check out the GBP/USD Forex signal for September 8, 2014 here.
Check out the EUR/USD Forex signal for September 8, 2014 here.
Despite Friday's gains, the XAU/USD pair declined 1.46% for the week and settled at $1268.82 an ounce. Without doubt, the main event of the last trading day of the week was the release of the U.S. jobs report.
Subscribe
Sign up to get the latest market updates and free signals directly to your inbox.The EUR/USD pair initially rallied during the Friday session as the jobs number came out a bit disappointing. The reality is that the European Central Bank cutting rates on Thursday is of course the one thing that people are going to be paying attention to, and the break down in the pair below the 1.30 level signals that we are in fact going lower given enough time.
Friday could have been a big day in this pair. After all, the US and Canada were both releasing employment numbers, and those are major factors in determining the value of a currency. The problem of course is that both of these countries disappointed with lighter than anticipated numbers.
The NZD/USD pair had a positive Friday, as the Non-Farm Payroll numbers came out a bit light. However, this pair is in a serious downtrend, and I see quite a bit of resistance above.