Check out the EUR/USD Forex signal for October 8, 2014 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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According to the analyses of the EUR/USD and USD/JPY pairs, trader profited using a binary options platform. See how here for October 7, 2014 here.
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BTC/USD on the daily charts recovered from lower levels in yesterday’s trading session and continues to exhibit buying momentum in the Asian morning session.
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Check out the USD/JPY Forex signal for October 7, 2014 here.
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Check out the GBP/USD Forex signal for October 7, 2014 here.
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Check out the EUR/USD Forex signal for October 7, 2014 here.
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The XAU/USD pair scored a gain of 1.35% on Monday as a weaker U.S. dollar lured bargain hunters back to the market. The XAU/USD pair traded as high as $1208.87 after prices encountered heavy buying pressure and changed direction just above the 1180/2 support zone.
Technical Analysis
The EUR/USD pair rose during the session on Monday, bouncing off of the 1.25 level. That being the case, the market was is ready to go much higher, in the short-term, but at the end of the day I believe that this market will continue to sell off over the longer term.
Technical Analysis
The NZD/USD pair rose during the session on Monday, but I feel that we are still well within the consolidation area that we have been in for some time. The 0.80 level above it should continue to be resistive, and the long-term charts for the New Zealand dollar do not look healthy at all.
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The EUR/GBP pair is one that tends to be very choppy overall, and the recent action of course is in any different. We have rallied during the session on Monday and significantly so, but at the end of the day we are still struggling with the 0.7875 barrier, an area that should be rather resistive based upon recent action.
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Check out the CAD/JPY weekly Forex signal for October 7, 2014
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Get the weekly forecast for some of the major Forex pairs here for the week of October 6, 2014.
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According to the analysis of the EUR/USD and GBP/USD pairs, trader profited using a binary options platform. See how here for October 6, 2014.
Technical Analysis
The WTI Crude Oil markets fell during the session on Friday, crashing through the $90.00 level. The $90.00 level is an area that of course would attract quite a bit of support and buying, but that being the case the market does in fact look like it’s ready to go lower.
Technical Analysis
The EUR/USD pair fell hard during the course of the day on Friday, and as you can see crashed into the 1.25 level finding support.
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