Gold prices rose $3.79 an ounce yesterday, up for the fifth straight session to $1192.90, as diminishing likelihood of an early rate increase continued to lure investors to the precious metal.
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 USD/CAD Forex signal for March 25, 2015 here.
Check out the USD/JPY Forex signal for March 25, 2015 here,
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Get the GBP/USD Forex signal for March 25, 2015 here.
Get the EUR/USD Forex signal for March 25, 2015 here.
The NZD/CAD pair tried to rally during the session on Tuesday, but for the second day in a row was push backwards and ended up forming a shooting star.
The AUD/USD pair initially tried to rally during the course of the session on Tuesday, but found the 0.79 level to be a bit too resistive and therefore pulled back to form a nice-looking shooting star.
The USD/JPY pair initially fell during the course of the session on Tuesday, but found enough support near the 119 level to turn things back around and form a nice-looking hammer.
The EUR/CHF pair broke down during the course of the session on Tuesday, breaking below the 1.05 level. However, as you can see on the attached chart that there is a significant amount of support just below.
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Get the USD/CAD Forex signal for March 24, 2015 here.
Get the AUD/USD Forex signal for March 24, 2015
Get the USD/JPY Forex signal for March 24, 2015 here.
Get the GBP/USD Forex signal for March 24, 2015 here.
Get the EUR/USD Forex signal for March 24, 2015 here.
Gold prices settled higher on Monday for the fourth session in a row as the dollar extended losses. The XAU/USD pair initially fell during yesterday's Asian session but found enough to bounce and test the resistance at the $1189 level.