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 tried to rally during the course of the day on Monday, but as you can see really couldn’t hang onto any of the bullish momentum. Because of this, we ended up forming a little bit of a shooting star, which suggests that we could eventually break down.
Silver markets fell rather rapidly during the session on Monday, testing the result of anyone left willing to buy.
The USD/JPY pair did very little during the session on Monday, as we continue to meander just below the 109 level. The 109 level offering resistance is a much of a surprise, because quite frankly if you look the charts we are parabolic to say the least.
The CAD/CHF pair fell during the session on Monday, as we pulled back from the 0.86 level. This area has been resistive lately, and as a result it’s not a surprise to see that we pull back a little bit.
The USD/CAD pair rose of course during the session on Monday, breaking back above the 1.10 level, an area that has been resistive in the past.
Check out the USD/JPY Forex signal for September 23, 2014 here.
Check out the GBP/USD Forex signal for September 23, 2014 here.
Check out the EUR/USD Forex signal for September 23, 2014
According to the analysis of AUD/USD and GBP/USD trader profited using a binary options platform. See how here for September 22, 2014.
BTC/USD, which has been in a very narrow trading range over the last many days, has given a breakdown from the all-important support zone at $423 and has broken below the key psychological support zone at $400.
The EUR/USD pair fell hard during the session on Friday, but remains above the 1.28 level. That area has been supportive in the past, especially on the longer-term charts. I still expect to see this area hold up for the most part, so a slight bounce from here wouldn’t be overly surprising.
The silver markets as you can see fell very hard during the session on Friday, breaking down below the $18.00 level.
The USD/JPY pair initially shot higher during the course of the day on Friday, but as you can see we found enough resistance of the 109.50 level to turn things back around and form a shooting star.
The GBP/USD pair rose drastically during the course of the day on Friday, mainly in reaction to the Scottish Independence Vote failing. Since the Scots are staying within the United Kingdom, the game a bit of a reprieve for the British pound, but you can see that it was fairly short-lived.
The AUD/USD pair fell hard during the session on Friday, breaking the bottom of the hammer from the Thursday session, and testing the 0.89 level.
