Get the USD/JPY Forex signal for April 16, 2015 here.
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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Gold prices initially moved lower on Tuesday but cut losses as weaker than expected U.S. retail sales and producer prices data led to a pullback in the dollar.
Get the USD/CAD Forex signal for April 15, 2015 here.
Get the USD/JPY Forex signal for April 15, 2015 here.
Get the GBP/USD Forex signal for April 15, 2015 here.
Get the EUR/USD Forex signal for April 15, 2015 here.
The EUR/USD pair initially fell during the course of the session on Tuesday, but found enough support just above the 1.05 level to turn things much more positive as the market crashed into the 1.07 level above.
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The USD/NOK pair fell hard during the day on Tuesday, crashing into a major uptrend line. I believe that this market will continue to go higher, not only because of this trend line, but the fact that the 7.85 level below is so supportive.
The GBP/AUD pair broke higher during the course of the session on Tuesday, as we not only rose but managed to break the top of the shooting star from Monday.
The AUD/USD pair fell initially during the course of the session on Tuesday, testing the 0.7550 handle. We bounced enough to form a hammer though, so that suggests that we could get a little bit of a bounce and continuation going forward.
According to the analyses of the NZD/USD and GBP/USD, trader profited using a binary options platform. See how here for April 14, 2015.
Gold dropped for the fifth time in six sessions as concerns of an interest rate hike by the U.S. Federal Reserve some time this year continued to weigh on the market.
Get the USD/JPY Forex signal for April 14, 2015 here.