The European Central Bank announced during the day on Thursday that perhaps going deeper into stimulus was not completely out of the question.
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 closed lower on Wednesday, erasing all of the previous day's gains, and settled at $1166.92 an ounce as the U.S. dollar continued to strengthen.
Check out the NZD/USD Forex signal for October 22, 2015 here.
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Get the AUD/USD Forex signal for October 22, 2015 here.
Get the USD/JPY Forex signal for October 22, 2015 here.
Get the USD/CAD Forex signal for October 22, 2015 here.
Get the USD/CHF Forex signal for October 22, 2015 here.
Check out the GBP/USD Forex signal for October 22, 2015 here.
Get the EUR/USD Forex signal for October 22, 2015 here.
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The EUR/USD pair did very little during the course of the session on Wednesday, as the 1.14 level continues to be far too resistive.
The AUD/CHF is one of my favorite pairs to trade overall, simply because it is a basic assessment of risk appetite around the world. Quite frankly, the Australian dollar although a major currency, is considered to be a bit risky.
The GBP/AUD pair rallied during the day on Wednesday, reaching towards the 2.15 handle.
Gold prices rose 0.5% on Tuesday, snapping a three-day losing streak, and settled at $1175.89 an ounce as a softer dollar lured investors back into the market.
Get the NZD/USD Forex signal for October 21, 2015 here.
Check out the AUD/USD Forex signal for October 21, 2015 here.