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 EUR/USD pair fell initially during the trading day on Wednesday, but I cannot help but think that the market is telling us something. After all, the Greeks defaulted on their IMF payment, and as a result the markets should have been falling apart.
The WTI Crude Oil market fell significantly during the course of the session on Wednesday, but having said that the market still found plenty of support below, especially near the $56 handle.
The GBP/CHF pair initially dropped a bit during the session on Wednesday, but found enough support near the 1.4650 level to turn things back around and break above the 1.48 level. I believe that this market is ready to go higher, if we can break above the top of the range for the session.
Check out the AUD/USD Forex signal for July 2, 2015 here.
Check out the USD/JPY Forex signal for July 2, 2015 here.
Check out the GBP/USD Forex signal for July 2, 2015 here.
Check out the EUR/USD Forex signal for July 2, 2015 here.
Check out the AUD/USD Forex signal for July 1, 2015 here.
Check out the USD/JPY Forex signal for July 1, 2015 here.
Check out the GBP/USD Forex signal for July 1, 2015 here.
Check out the EUR/USD Forex signal for July 1, 2015 here.
Gold prices fell for a second day and settled at $1171.94 per ounce, losing $7.67, as strength in the U.S. dollar and a recovery in stock markets weighed on the market. Although ongoing concerns surrounding Greece lured some buyers back into the market, gold continues to struggle with multiple headwinds.
According to the analyzes of the CAD/CHF and GBP/USD, trader profited using a binary options platform. Find out how here for June 30, 2015.
The EUR/USD pair broke higher during the course of the day on Monday after initially gapping massively. Quite frankly, the fact that we gapped that low and turned back around to not only fill the gap, but to continue going higher is a very impressive sign.
We had a pretty strange day in the Forex markets, as we learned over the weekend that Greek banks were being closed in order to prevent a run as liquidity was going to be a serious issue. Because of that, everything ran away from the European Union and the continent in general.
