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 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.
Get the latest updates for the EUR/USD pair with this free Forex signal for May 27, 2014
The GBP/USD pair did very little on Monday, May 26, 2014 due to the Memorial day holiday in both the US and UK. It appears that the 1.68 level is going to hold is support, and as a result I believe that we will start going higher again, probably aiming for the 1.70 level at first.
The NZD/USD pair did very little during the session on Monday, but with both the Americans and British celebrating the Memorial Day holiday, it’s not a big surprise of the Forex markets were fairly quiet in general. Get the latest on this pair here.
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Gold has been struggling lately as interest rates talk and a friendly risk environment have provided better investment opportunities elsewhere. Get the full analysis for May 26, 2014 here.
The WTI Crude Oil markets rose during the session on Friday, testing the $105 level just above. Before placing your trades get the full analysis for May 26, 2014 here.
The EUR/USD pair fell during the bulk of the session on Friday, but bounce slightly at the end of the day when we tested the 1.36 level. Learn where this pair is headed for May 26, 2014 here.
The NZD/USD pair fell again during the session on Friday, but as you can see remains above the 0.85 level. Get the technical analysis for May 26, 2014 here.
The EUR/JPY pair tried to fall on Friday, May 23, 2014 but as you can see has found quite a bit of support near the 138.50 level, an area that’s actually little bit lower than anticipated the market testing and still showing somewhat supportive action.
Learn where some of the major Forex pairs are headed for the week of May 26, 2014 with the weekly Forex forecast here.
The XAU/USD pair tried to break the descending trend line, which has been creating a constant pressure on the market recently, after the Reserve Bank of India allowed more companies to buy gold from overseas but upbeat economic reports out of the United States helped sellers to parry the bulls' attacks.
