Get the EUR/USD Forex signal for August 21, 2014 here.
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 EUR/USD Forex signal for August 20, 2014 here.
The EUR/USD pair broke down during the course of the day on Tuesday, testing the 1.33 handle. This area has been rather supportive in the past, so would not surprise me at all to see a bounce from this area.
The NZD/USD pair fell during the course of the day on Tuesday, but we remain above the 0.84 level. Because of this, I think there is still a bit of support just below, and I’m a bit hesitant to start selling.
The GBP/USD pair fell significantly during the session on Tuesday, crashing through the 1.6650 level and heading towards the 1.66 handle.
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The XAU/USD pair fell three days in a row as strength in the American dollar continued to weigh on the market.
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Get the EUR/USD Forex signal for August 19, 2014 here.
Gold prices continued to fall during yesterday's session and closed the day at $1298.26 an ounce as a friendly risk environment have provided better investment opportunities elsewhere.