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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According to the analyses of the USD/CAD and GBP/USD pairs, trader profited on a binary options platform. See how here for January 13, 2015.
The EUR/USD pair fell during the bulk of the session on Monday, testing the 1.18 level for support. That area is a massive amount of support just waiting happen, based upon the monthly chart.
Get the USD/JPY Forex signal for January 13, 2015 here.
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Get the EUR/USD Forex signal for January 13, 2015 here.
The GBP/USD pair as you can see initially fell during the course of the session on Monday, but found enough support below to bounce and form a nice-looking hammer.
The USD/INR pair has been extraordinarily positive for some time now, but we have recently broken down below a fairly significant trend line as far as I can see.
The NZD/USD pair broke down during the session on Monday, testing the 0.7750 level. We did have a little bit of support in this area, keeping this market somewhat afloat.
The USD/CAD pair broke out to the upside during the session on Monday, as the oil markets fell apart yet again.
Gold prices rose for a second-straight session to settle at their highest level since November 22 as heightened risk aversion, weaker American dollar and strong physical demand in Asia combined to lift the market.
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Get the EUR/USD weekly Forex signal for January 12, 2015 here.
Get the USD/JPY Forex signal for January 12, 2015 here.
Check out the Forex signal for the GBP/USD pair here for January 12, 2015 here.
Get the EUR/USD Forex signal for January 12, 2015 here.
The EUR/USD pair initially broke down below the all-important 1.18 level during the session on Friday, and tested fairly low numbers.
The GBP/USD pair bounced during the session on Friday, breaking the top of the hammer from the Thursday session.