The GBP/AUD pair fell during the course of the session on Thursday, crashing into the 2.15 handle. That is an area that had been previously resistive, and it should now be supportive.
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.
Most Recent
Gold prices ended Thursday nearly unchanged as the bulls and bears struggle for near-term control, with neither gaining an edge.
Lately there has been a lot of talk about a bear market in stocks, and whether we have entered one. If you are wondering what a bear market in financial markets means exactly, you are not alone. Learn all about it here.
Top Regulated Brokers
Let’s review where Apple was before the last quarterly earnings report and analyze the results of the latest earnings release, so that we can get a better feel for where the company is currently heading and how it might perform in the future.
Let’s analyze what we expected from Facebook prior to their 2nd quarter earnings report and what eventually transpired. This way, we can get a better read on how the company might perform moving forward, throughout the third quarter, and up to the release of their third-quarter earnings statements.
Get the NZD/USD Forex signal for August 27, 2015 here.
Get the AUD/USD Forex signal for August 27, 2015 here.
Get the USD/JPY Forex signal for August 27, 2015 here.
Check out the USD/CHF Forex signal for August 27, 2015 here.
Bonuses & Promotions
Check out the GBP/USD Forex signal for August 27, 2015 here.
Check out the EUR/USD Forex signal for August 27, 2015 here.
Gold prices extended their losses on Wednesday as the dollar strengthened and signs of stabilization in the risk environment dulled the metal’s safe-haven appeal.
The GBP/CHF pair has been going sideways for the last couple of sessions, and while that normally wouldn’t catch my attention I cannot help but notice that the 200 day exponential moving average is sitting right where we are.
The USD/SGD pair initially tried to break down below the 1.40 level during the day on Wednesday, but as you can see we broke higher.
The USD/CAD pair fell during the course of the day on Wednesday, but found support yet again down near the 1.32 handle. By doing so, we bounced and formed a nice-looking hammer, which of course is a bullish sign.