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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Gold prices rose $11 an ounce on Tuesday, propelled by a disappointing report on U.S. durable goods orders and a weak session for equities that helped push the precious metal into positive territory for the first time in three sessions.
According to the analyses of the NZD/USD and AUD/USD pairs, trader profited on a binary options platform. See how here for January 27, 2015.
Check out the GBP/USD weekly Forex signal for January 27, 2015 here.
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The EUR/USD pair initially gapped lower at the open on Monday as the Greek election brought in the far left and a potential decoupling from previous austerity measures.
The GBP/CHF pair broke higher during the course of the day on Monday, and even managed to clear the 1.35 handle. Because of this, I have drawn the eighth Fibonacci retracement tool on the chart as well, trying to find some type of convergence.
The GBP/USD pair broke higher during the course of the session on Monday as the 1.50 level offered significant support. That being the case, it appears that the market is trying to reenter the previous consolidation area, as the 1.50 area has of course offered enough buying pressure.
The AUD/USD pair initially gapped lower at the open on Monday, as Greek elections have the markets in a general “risk off” type of attitude. However, we turned back around and close towards the highs of the session.
The NZD/USD pair initially tried to take off during the session after gapping lower for Monday, but as you can see the sellers stepped back into the marketplace and pushed it lower.
Get the USD/JPY Forex signal for January 27, 2015 here.
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Get the GBP/USD Forex signal for January 27, 2015 here.
Get the EUR/USD Forex signal for January 27, 2015 here.
Get the USD/CHF Forex signal for January 27, 2015 here.
Gold continued to retreat from a five-month high struck last week, as sings of stabilization in the risk environment and buoyant global equities lured some investors away from the market.
According to the analyses of the AUD/USD and EUR/USD pairs, trader profited on a binary options platform. See how here for January 26, 2015.
Check out the USD/JPY Forex signal for January 26, 2015 here.