Our pro trader starts the trading week with a AUD/USD Signal. See how the trading week begins!
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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Our expert trader starts this week with a GBP/USD Signal. See how the trading week begins!
A quick search on the internet will net anyone about a hundred different analysis on the EUR/USD pair, but it is a hot pair and one of the easiest to trade so I will offer my observations as well.
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This time last week, I was making a strong recommendation to buy gold futures. Another volatile week for the USD saw gold rally 4.43% over the course of the trading week, settling at $1741.55 a troy ounce by close of play Friday.
Check out this weekly Forex forecast of pairs including EUR/USD, GBP/USD, USD/CHF and more and start your trading week right.
The EUR/USD pair rose initially on Thursday as traders around the world celebrated the Federal Reserve’s quest to kill the US dollar in the form of low rates until the end of 2014.
GBP/USD rose again on Thursday as the mania continues. The UK even came out with negative GDP numbers the other day.
The EUR/AUD is a pair that far too many retail traders neglect. The pair is often thought of as “exotic”.
The Sterling pushed its way through the daily moving average that was noted to be a key level in my previous article on the pair earlier this week.
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EUR/USD has been a focal point for most of you recently, and with good reason. The pair is essentially the barometer of all things debt related, and as a result it has been a real pain to trade at times.
AUD/USD rose during the session on Wednesday as the world continues to search for yield. The Federal Reserve announced that the interest rates in the United States would remain ultra low until the end of 2014.
USD/JPY originally rose during the session on Wednesday as the Dollar got a nice boost overall.
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EUR/USD had an interesting session on Tuesday as the pair initially fell on debt concerns.