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.
NZD/USD is a pair that a lot of traders have trouble with. It is probably because of the very nature of the pair. While some consider it a major pair, it is much less liquid than some of its peers as the nation of New Zealand is fairly small.
The GBP/USD pair has been frustrating bears for several sessions now as it simply refuses to fall.
The GBP/USD Daily Moving Average was broken today, with price actually closing the day 19 pips above the DMA.
What were the weekly changes in the Forex world - weekly summary.
US Dollar Index just landed on a support level at 9,860 and 0.318 Fibonacci level with a reversed contracting triangle - find out what this means here.
See how one trader managed to profit on a binary options platform.
USD/CAD has been a tricky pair to trade lately as the oil markets have been rocked back and forth by the Iranian drama.
NZD/JPY is a great pair to trade is you have a good handle on the global trading attitude. When times are good, the Kiwi is loved, as there are many investments in New Zealand that offer more of a return than in larger developed countries.
EUR/USD has spent the last several sessions rising in value as the markets try to get ahead of any potential agreement on which way to go forward in the European Union’s ongoing debt crisis.
The USD/CHF has closed below a weekly support zone at 0.9300 with the daily candle close today at 0.9275. This, combined with the Euro's Bullish advance today is a good indication that this pair could be once a gain turning Bearish.
See how a trader used today's Forex technical analysis and profited on a binary options platform.
The precious metals market enjoyed a volatile but profitable week for traders as gold ended the ended the week with a range of $38.70, and $9.50 higher for the week, closing Friday at $1666.75, a rise of 0.74% for the day.
Our expert trader starts the week off with a GBP/USD Signal. See how the trading week begins here!
The EUR/USD continued its rise in value on Friday as traders anticipated a possible workaround involving the creditors and Greek government. Also, the general “risk on” attitude came back into the markets, and this became a bit of an environment that favored a bounce in this very obviously oversold pair.
A couple of sessions back, I took a look at the AUD/JPY pair as one that could potentially be ready to make a move. Based upon a triangle that had been forming, the moving averages going sideways, and the pair pressing upwards against a Fibonacci 50% retrace level, I thought that perhaps the move was coming quickly, and it appears that it did in fact happen.
