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.
Most Recent
It appears that the XAU/USD pair paused its ascent during the Asian session today around the 1320 resistance level after three consecutive days of gains.
The WTI Crude Oil markets went back and forth during the session on Thursday, meandering just below the $103.50 range. The fact that we formed a very neutral candle suggests to me that perhaps we will get a little bit of a pullback, which isn’t necessarily a bad thing.
The EUR/USD pair initially fell during the session on Thursday, but as you can see the 1.350 level offered enough support to push the market back up.
Top Forex Brokers
The EUR/CAD pair rose during the session on Thursday, breaking the top of the hammer that had formed on both Wednesday and Tuesday.
The USD/JPY pair fell during the session on Thursday, slamming into the 101.50 level. This general area offers quite a bit of support, and has going all the way back to the end of January.
The GBP/USD pair fell during the session on Thursday, after initially trying to rally. The 1.68 level has offered enough resistance to keep the market down the bed, but at the end of the day we ended up forming a hammer.
According to the analysis of EUR/USD and crude oil, trader profited on a binary options trading platform. See how here
Check out the Forex signal for the USD/JPY pair here.
Check out the Forex signal for the GBP/USD pair here.
Bonuses & Promotions
Check out the Forex signal for the EUR/USD pair here.
Gold prices continued to move higher yesterday as the American dollar weakened after the minutes from the Federal Open Market Committee's latest gathering suggested the U.S. central bank may hold interest rates extremely low for longer than previously thought.
The WTI Crude Oil markets rose during the session on Wednesday, breaking above the $103 level. That being the case, it appears the market is trying to go higher, and the buyers have certainly stepped up the pressure.
The EUR/USD pair initially fell during the session on Wednesday, but found enough support near the 1.3780 level to bounce and break significantly higher during the session.
According to the analysis of GBP/USD and NZD/USD pairs, trader profited on a binary options trading platform. See how here
Check out the Forex signal for the USD/JPY pair here.