The USD/CAD pair did something rather bullish during the Thursday session: it broke above the top of the most recent shooting star. This often leads to more bullishness, and in turn an extension of the rally.
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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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Check out where the EUR/GBP pair is headed with this signal from DailyForex.com.
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According to the analysis of the AUD/USD and EUR/USD trader profited on a binary options platform.
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Follow up on yesterday's EUR/USD signal from Fadi and learn what the recommendation is here.
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The USD/CAD pair may be ending the month on a high and you can too with this free Forex signal from the experts at BNRY.
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The WTI Crude market went back and forth during the session on Wednesday, and continued to straddle the $92.80 level that has been a fulcrum for the market lately. As you can see, we have been bouncing off the $92.00 level, and it seems to be offering significant support.
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The XAU/USD (Gold vs. the American dollar) pair settled lower Wednesday, pulling back after sizable gains in the previous sessions, as better-than-estimated U.S. home sales and durable goods data increased demand for the greenback ahead of today’s GDP and unemployment claims reports.
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The EUR/USD pair had a strong showing on Wednesday as the 1.30 level has offered significant support. This also would have been predicated upon the idea that the Italians managed to sell a significant amount of bonds earlier in the day, without paying an outrageous yield.
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The USD/JPY pair fell again during the Wednesday trading hours, dipping below the 92 handle for the third session in a row. However, for the third session in a row we also saw the market popped back over the 92 handle and form supportive price action.
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The AUD/USD pair fell and broke below the 1.02 level on Wednesday, only to bounce back and show support in the general vicinity. The resulting daily candle formed a hammer, which of course shows significant support and is one of my favorite bullish signals.
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Looks like EUR/AUD finished its recent correction. See what this means in a free signal from DailyForex.com.
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Begin your trading day with this EUR/USD signal from DailyForex.com's expert trader, Fadi here.
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See what the recommendation is for the EUR/SEK pair here with this free Forex signal.
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The WTI crude market tried to rally during the early hours of the session, but as you can see gave back quite a bit of the gains by the time the trading day was over with. We currently sit just above the $92.00 level, an area that has been stubbornly supportive.
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Gold prices (XAU/USD) settled higher Tuesday, as weakness in the U.S. dollar helped prices regain their footing following losses last week. The XAU/USD pair traded as high as 1619.98 after finding strong support at the 1587 area.
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