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 fell during the session on Wednesday, breaking below the 1.36 level by the end of the day. With that, we believe that the market should continue to fall from here, heading towards a 1.35 level which should be massively supportive based upon the longer-term charts.
The USD/JPY pair fell during most of the session on Wednesday, but as you can see bounced a bit towards the end of the day in order to form a hammer like candle. What does this mean for Thursday, May 29, 2014? Find out here.
Check out this free EUR/USD Forex signal for May 29, 2014 here.
Get the recommendation for this GBP/USD Forex signal for May 29, 2014 here.
According to the analysis of the GBP/USD and AUD/USD pairs, trader profited on a binary options trading platform. See how here
Gold prices fell 2.14% on Tuesday as demand for the greenback increased after data on U.S. services, durable goods orders and consumer confidence beat estimates. Get the gold price analysis for May 28, 2014 here.
The WTI Crude Oil markets initially fell during the session on Tuesday, testing the $103.50 level. However, we found enough support in that general area to bounce and form a nice-looking hammer. Will the upward momentum continue? Find out here.
The EUR/USD pair had a relatively volatile session for the day on Tuesday, testing the 1.36 level ultimately but finding it supportive enough to keep the market afloat. Get the updates for May 28, 2014 here.
Get the trade recommendations for the USD/JPY pair with this free Forex signal for May 28, 2014 here.
Get the trade and profit recommendations for the GBP/USD pair here with this free Forex signal for May 28, 2014
Get the recommendations for the EUR/USD pair with this free Forex signal for May 28, 2014 here.
The GBP/USD pair went back and forth on Tuesday, ultimately settling on a slightly negative candle. We had a pretty volatile session, so I think this just goes to show how choppy the markets could be in the short term.
The AUD/USD pair went back and forth on Tuesday, as we continue to bounce around the 0.9250 level. Get the recommendations for this pair here.
The EUR/CAD pair fell during the course of the session on Tuesday, but for the second day in a row formed a hammer. Get the full analysis for May 28, 2014 here.
Get the latest updates for the Forex signals posted in April and May of 2014. Learn the trading profits and recommendations here.
