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 USD/CAD pair has been wound fairly tight recently, and the Tuesday session was no different. After all, we have the nonfarm payroll number coming out on Friday, and this of course will have a great affect on this currency pair.
The GBP/JPY has been respecting an ascending trend-line/channel since July of this year, and continues to do so this week while holding above support at 125.50.
According to the analysis of the USD/CAD and EUR/USD trader profited on a binary options platform.
Check out Fadi Steitie's USD/JPY Forex forecast only at DailyForex.com.
Check out Fadi's EUR/USD view based upon Elliott Waves and Fibonacci Levels, only at DailyForex.com.
From this vantage point it looks like AUD/NZD is set to drop to test the 2 year lows at 1.2315. Learn more here.
EUR/USD is setting up for a big pullback - read this before trading the most popular currency pair!
Sure, the Kiwi has surged recently, but it also hit resistance which looks likely to continue. See why here.
USD/CAD is currently hinging on the oil markets and the upcoming NFP report. Get the full daily Forex analysis here.
The NZD/USD climbed 440 points in September, completely swallowing Augusts entire price ranage and smashing the 6 month high from April.
EUR/USD fell during the Friday session after initially trying to rally. This was an interesting candle as it formed after two consecutive hammers, and as such it looks like we have a real dogfight on our hands.
The USD/CAD pair ended up gaining for the session on Friday after initially falling through the 0.98 handle.
The GBP/USD pair fell during the Friday session as traders took profits in some of the risk year currency pairs.
Don't start trading this week without a look at the weekly Forex forecast from the DailyForex.com trading room.
Before you sign off for the weekend check out the continuation of our EUR/USD signals.
