The USD/NOK pair broke higher during the session on Tuesday, just as I suspected that it very well could have in yesterday’s column. Get the analysis for July 30, 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 analysis of the EUR/CHF and crude oil, trader profited on a binary options trading platform. See how here
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After breaking from the near-month long narrow trading range, BTC/USD has formed a triangle formation and is trading within a new range. Get the Bitcoin outlook for July 29, 2014 here.
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Get the weekly signal for the EUR/GBP pair for July 29, 2014
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Our total trading profits for June totaled 175 pips as three trades were closed for a profit of 625 pips while three trades were closed for a loss of 450 pips. Get the updates here.
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The WTI Crude Oil markets fell during the course of the day on Monday, but for the second session on a road found enough support at the $101 level to turn things back around and form a hammer.
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The USD/NOK pair initially fell during the course of the day on Monday, but as you can see the 6.20000 level cost enough support for the market to bounce and form a nice-looking hammer.
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The EUR/CHF pair is one that has been neglected and ignored by most of you out there. What frankly, it’s not really a big surprise as this market has been very difficult to be excited about for some time.
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The NZD/USD pair initially gapped higher at the open for the week, but as you can see the Monday session then turn things back around and we fell. However, the market did find support below, and we ended up forming a hammer.
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The GBP/JPY pair had a slightly positive session on Monday, but as you can see we are still simply meandering around the 173 level.
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The XAU/USD pair (Gold vs. the American dollar) closed yesterday's session with a loss as caution set in ahead of high impact economic data releases this week.
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According to the analysis of the GBP/USD and crude oil, trader profited on a binary options trading platform. See how here
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Bitcoin continues to drift lower post the resignation of Barry Silbert as the CEO of SecondMarket.
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The XAU/USD pair (Gold vs. the American dollar) scored a gain of 1.05% on Friday after the bulls managed to push prices above the $1297 resistance level.
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The WTI Crude Oil markets fell initially during the session on Friday, but found in support of the $101 level to turn things back around.
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