Check out the GBP/USD Forex signal for June 10, 2015 here.
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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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Check out the EUR/USD Forex signal for June 10, 2015 here.
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The EUR/USD pair initially fell during the day on Tuesday, but found enough support near the 1.12 level to turn things back around and show quite a bit of resilience.
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The GBP/USD pair initially fell during the session on Tuesday, dipping below the 1.53 handle. However, somewhere near the 1.5250 level, we had enough support to turn things back around and form a nice-looking hammer.
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The NZD/USD pair initially rallied towards the 0.72 level during the session on Tuesday, but found too much in the way of selling pressure in that area so turned back around to form something akin to a shooting star.
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Gold prices rose for a second day on Tuesday as European stocks fell on concerns about the lack of progress in negotiations between Greece and its creditors.
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Gold advanced for the first time in four sessions as equity markets extended their losses and the dollar weakened.
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Check out the AUD/USD Forex signal for June 9, 2015 here.
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Get the USD/JPY Forex signal for June 9, here.
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Get the GBP/USD Forex signal for June 9, here.
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Get the EUR/USD Forex signal for June 9, here.
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The EUR/USD pair shot higher during the session on Monday, testing the 1.13 level during the day. That being the case, the market looks very bullish all of a sudden, because the candle is so strong.
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The USD/JPY pair fell pretty significantly during the Monday session, slicing back below the 125 handle. I have to admit I was a bit surprised at how deep the pullback went, but ultimately we are still well within the tolerance of the consolidation area.
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The CAD/CHF pair is one that you probably don’t trade very often, but shouldn’t be afraid of doing so. After all, the Canadian dollar in the Swiss franc are both major currencies, and as a result they do tend to move fairly well in relation to the rest of the Forex markets.
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The GBP/USD pair initially fell during the day on Monday, but as it approached the 1.52 level, we bounce significantly to head towards the 1.5350 level. With that being the case, the market looks like it is ready to continue to go higher as we closed out the day towards the top of the range.
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