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 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.
The XAU/USD pair was mostly flat last week and the trend didn't change on Monday, May 26, 2014. Although trading activity was subdued, with the financial markets in the United States and London closed for public holidays, residing below the 1307 level might be an important sign of weakness.
The WTI Crude Oil markets were closed for the Memorial Day holiday on Monday, May 26, 2014 but as you can see the markets have recently started forming what looks to be in ascending triangle based around the resistance area at $105.
The EUR/USD pair rose during the session on Monday, as the Americans and British both took the holiday off. The ECB meeting coming up in the next couple of weeks, may cause the markets to be a little directionless. Get the full analysis here.
The USD/JPY pair had a slightly negative session on Monday, May 26, 2014 probably due to the Memorial Day holiday in the United States and United Kingdom. Learn where this pair is headed with this technical analysis here.
Check out this free Forex signal for the USD/JPY pair for May 27, 2014 here.
Check out this free Forex signal for the GBP/USD pair for May 27, 2014 here.
