According to the analyses of the EUR/USD and GBP/USD, trader profited using a binary options platform. Find out how here for February 24, 2015.
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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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Get the USD/JPY Forex Signal here for February 24, 2015.
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Get the USD/CHF Forex Signal here for February 24, 2015.
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Get the GBP/USD Forex signal for February 24, 2015 here.
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Get the EUR/USD Forex signal for February 24, 2015 here.
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Gold prices settled slightly lower after shuffling between gains and losses, as investors took a cautious stance ahead of Fed chair's appearance before Congress.
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The EUR/USD pair fell during the session on Monday, testing the 1.13 level. We found enough support to bounce and form a hammer though, so it does suggest that the market will continue in the recent consolidative attitude that we’ve had.
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The NZD/CAD pair broke higher during the course of the day on Monday, testing the 0.95 resistance barrier. The resulting candle is a shooting star that shows significant weakness.
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The GBP/USD pair initially fell during the course of the day on Monday, but found buyers shortly after the open to push the market back towards the 1.55 handle.
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Get the USD/CAD Forex signal for February 23, 2015 here.
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Get the USD/CHF Forex signal for February 23, 2015 here.
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Get the USD/JPY Forex signal for February 23, 2015 here.
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Get the GBP/USD Forex signal for February 23, 2015 here.
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Get the EUR/USD Forex signal for February 23, 2015 here.
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Gold ended the week down 2.17% as strength in the dollar and equities markets eroded the appeal of the precious metal as an alternative investment.
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