The USD/JPY pair fell slightly during the course of the session on Wednesday, but at this point in time it looks as if the market is simply ready to go sideways.
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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The AUD/USD pair initially fell during the course of the day on Wednesday, breaking down below the 0.85 level at one point in time. There was plenty of support below, so we ended up turning the market around to form a hammer, which of course is a very surprising and supportive candle.
The XAU/USD pair closed yesterday's session slightly lower than opening but remain coiled within the recent trading range as a mixed bag of economic reports failed to inspire market players ahead of the Thanksgiving holiday.
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Check out the EUR/USD Forex signal for November 27, 2014 here.
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Bitcoin has long been considered a revolutionary that individuals will ultimately conduct their transactions. It is no doubt that the crypto-currency came a long way from only being considered another financial asset.
Correctly using Twitter Inc. (NYSE:TWTR) is turning out to be a tall order even for people who ought to be proficient at it.
Gold ended yesterday's trading session almost unchanged, closing at $1197.40 an ounce as the battle between the bulls and bears for supremacy continued in the 1203-1191 battle field.
The EUR/USD pair tried to break down a little bit during the session on Tuesday, but as you can see the buyers stepped in and pushed the market higher. It appears that we are going to test the 1.26 level again, which of course has been resistance.
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Check out the EUR/USD Forex signal for November 26, 2014 here.
Check out the Forex signal for the GBP/USD pair for November 26, 2014 here.
Get the USD/JPY Forex signal for November 26, 2014 here.
According to the analyses of the AUD/USD and EUR/USD, trader profited on a binary options platform. See how here for November 25, 2014.
High operational costs are making eBay Inc. (NASDAQ:EBAY) rethink how its same-day delivery system should operate going forward heading into the busy holiday shopping frenzy.
As Thanksgiving weekend approaches, retailers are gearing up for Black Friday. Black Friday is a retail spin-off, used by retailers to offer huge discounts just before the holiday season to substantially increase sales volumes.