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/USD pair tried to break out to the upside during the session on Monday, but as you can see, the 1.12 level offered far too much in the way of resistance.
The EUR/GBP pair has been very steady for some time now, and as a result I have made a pretty decent profit shorting this market.
The GBP/USD pair fell during the course of the Monday session, as we approached the 1.53 level which has been minor support in my opinion.
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Get the USD/CAD Forex signal for March 2, 2015 here.
Get the USD/JPY Forex signal for March 2, 2015 here.
Get the GBP/USD Forex signal for March 2, 2015 here.
Get the EUR/USD Forex signal for March 2, 2015 here.
The EUR/CHF pair fell initially during the session on Friday, but as you can see bounced off of support at the 1.0650 level. By doing so, we ended up forming a hammer, which of course is a bullish sign.
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The USD/JPY pair surge higher during the session on Friday, but as you can see struggled at the 120 level.
The EUR/USD pair initially broke higher during the course of the session on Friday, but found enough resistance to turn things back around and form a shooting star.
Get the March 2015 forecast for Gold here.
Get the March 2015 forecast for the EUR/USD pair here.
Get the USD/JPY forecast for the month of March 2015 here.
Get the Forex forecast learning about quant vs chart reading for the week of March 1, 2015 here.