The GBP/USD, or Sterling as it is known, was once again unable to close below the weekly pivot S/R zone at 1.5778. This level was tested by the bears on at the end of last week and again today without success.
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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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The GBP/USD pair has been extremely robust over the last several weeks, but there aren't many buying opportunities now. There may be soon though - find out how here.
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A trader profited on a binary options platform Based on Christopher Lewis’s analysis.
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The better-than-expected job news released in the US on Friday caught many investors on the hop, and whilst the 243,000 increase in non-farm payrolls strengthened the USD, Gold retreated from an 11 week high and decreased for the first time in 4 trading sessions.
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Check out this weekly Forex forecast of pairs including EUR/USD, USD/JPY, AUD/USD and more and start your trading week right.
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The EUR/USD pair continued to chop about on Friday as the Non-Farm Payroll numbers came out better than expected.
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EUR/GBP isn’t a pair that moves quickly. Because of this, a lot of traders don’t typically ge4t involved in it. However, one of the great things about this pair is the ability for it to trend for long periods of time, and if the trader is willing to be patient – it is fairly steady in its movements.
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AUD/USD has been acting as if the laws of gravity don’t apply to it anymore.
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With the Greek debt crisis set to take over the Forex news headlines this week, I thought I would focus on the advances of the Loonie against the Greenback...
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The Kiwi dollar has been acting like someone shot it out of a cannon lately.
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The EUR/USD continues to thrash back and forth as traders try to get a handle on the direction.
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EUR/AUD is probably the trade you have missed. The pair broke through the 1.29 level back in December.
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The markets were pretty cool today with the Bears & Bulls gaining and losing ground almost equally.
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See how the USD index should be moving in this technical forecast from a professional trader.
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Based on Christopher Lewis’s analysis of the USD/JPY, he believes that the traders will avoid selling this pair and it will go up.
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