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 EUR/JPY pair initially rallied after we got wind that the Greeks and the Europeans seem to be getting close to an agreement.
The EUR/USD pair initially tried to rally during the session on Monday as we got word that the Greeks are more than likely going to pass the measure to accept austerity.
The USD/CAD pair initially tried to rally during the course of the day on Monday, but ran into far too much resistance of the 1.28 handle.
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The GBP/AUD pair broke out during the course of the session on Monday, but as you can see pullback to form a shooting star.
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Gold prices settled higher on Friday, extending their gains to a third straight session, as concerns about the developments in China and Greece increased desire for safe haven diversification.
The USD/JPY pair broke higher during the course of the session on Friday as we got wind of a potential solution to the Greek debt crisis been worked out.
The EUR/USD pair broke higher during the course of the session on Friday, as word got out that perhaps the Greeks were ready to deal with the European Union in favorable terms.
The GBP/CAD pair broke higher during the course of the session on Friday, using the 1.95 level as massive support.