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.
During the month of February, only one of the signals was triggered: an EUR/USD trade, which broke even. Therefore following Adam’s free Forex signals since December 2013 was profitable overall, as his signals in December 2013 were profitable.
Check out the Forex signal for the GBP/CHF pair here.
Check out the Forex signal for the AUD/CHF pair here.
Check out the weekly signal for the CAD/CHF pair here.
The XAU/USD pair posted first weekly loss in four weeks as heightened appetite for more conventional assets such as stocks lured some investors away from the shiny metal.
The WTI Crude Oil markets have slightly positive session at the end of the day on Friday, after initially gapping lower. The gap wasn’t much though. Rather, I look at the totality of the move recently action and feel that the $102 level is indeed trying to act as a bit of a base in order for this market to go higher.
The EUR/USD pair rose during the session on Friday, slamming into the 1.38 resistance level. This area has been the top of the consolidation recently, so of course this has caught my attention.
The NZD/USD pair try to rally during the session on Friday, and although we did keep some of the gains, what’s more important is that we fell back below the 0.84 level.
Check out the weekly Forex forecast for some major pairs here.
Check out the Forex signal for the GBP/USD pair here.
Check out the Forex signal for the EUR/USD pair here.
The NZD/USD pair as you can see has had a decent month in February. However, you can see that the previous four months were all shooting star shaped candles.
The USD/CAD pair is a market that I’ve been very interested in since we broke above the 1.06 level. The fact that we broke above that area signified to me that this market was going to go much higher.
The USD/CHF pair is one that I don’t talk about much these days, simply because it really hasn’t done much. However, when you look at the monthly chart one thing starts to standout right away: it appears that we are starting to come dangerously close to a significant downtrend line.
The EUR/JPY pair had a positive month for February, after getting beat up severely during the month of January. However, and less you look at monthly charts, you may not recognize that the massive selloff during the month of January was essentially a return to the previous breakout level.
