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 GBP/USD pair rally during the session on Tuesday as the 1.60 level continues to hold as a "floor" in this market. I believe that the Bank of England should continue to push rates higher through its lack of monetary policy expansion.
The NZD/USD pair fell initially during the session on Tuesday in order to retest the 0.81 handle as support. The resulting balance formed a hammer in this currency pair, and we should see continued bullishness as the stock markets around the world do quite well.
Check out this USD/JPY signal based on Elliott Waves and Fibonacci principles and find your position now!
According to the analysis of the EUR/JPY and GBP/USD trader profited on a binary options platform.
GLD is the SPDR Gold Trust ETF. This ETF tracks the price of gold very well because they hold large amounts of physical gold. Get the signal here!
This pair certainly is one that has move quite a bit over the last several months, and as such taking a rest is in a huge surprise. However, this currency pair can go sideways forever and I believe that we will be seen a move fairly soon.
EUR/JPY rose during the session on Monday as the bullishness continues in this market. Find out why here.
See why one expert on the DailyForex team is buying this pair, and why you may want to as well.
The AUD/CAD daily chart printed a Bullish Engulfing candle yesterday after consolidating between 1.000 & 1.0080 for most of last week. Read more here.
According to the analysis of the NZD/USD and EUR/USD trader profited on a binary options platform.
See why one DailyForex expert recommends selling this pair (and maybe selling aggressively!).
EUR/JPY started out strong on Friday but turned around late in the day, forming a shooting star. Get the full report here.
The Kiwi dollar is probably one of the stronger commodity currencies as the RBNZ isn't looking to cut rates currently. Learn more here.
DailyForex experts help you get set up for the week with a Forex forecast of your favorite currency pairs. Check it out now!
