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 AUD/USD pair rallied during most of the session on Wednesday, but found quite a bit of resistance at the 1.04 level. Get the full picture here.
The EUR/CAD has printed a double top on the Daily Chart at a key resistance level of 1.3000. DailyForex.com has the full analysis.
According to the analysis of the EUR/USD trader profited on a binary options platform.
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The EUR/USD pair continued to gain during the Tuesday session, even as the Americans weren't necessarily providing much liquidity. The fact is that this pair continues to climb this minor trend line, and as such we are approaching the 1.30 level yet again.
The USD/CAD pair fell during the session on Tuesday as the parity level came back into play. However, it should be suggested that the 0.99 level is actually the beginning of the resistance area, and we have essentially punched through during the Tuesday session.
The USD/SGD pair fell during the Tuesday trading session as the downtrend continued. While many of you probably don't trade the Singapore dollar, you should be aware the fact that Singapore is a major financial hub of Asia, and therefore represents investment in the region. By extension, the Singapore dollar does as well.
While tropical storm Sandy continues to blast the eastern seaboard in the USA and has shut down the markets for at least one more day the Asian and European markets march on. Get the analysis for EUR/JPY here.
According to the analysis of the EUR/USD and USD/CAD trader profited on a binary options platform.
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The EUR/USD pair has been a great place to lose money lately. The choppiness is been shown in this marketplace is essentially the resolve of a lot of confusion on both sides of the Atlantic.
The USD/CAD pair rose during the session on Monday as the parity level finally gave way. This represents a significant change in momentum as we have been grinding higher lately, but stalled just below that all-important level.
The EUR/GBP rose during the session on Monday after printing a pretty impressive hammer on Friday. This hammer caught my attention originally because it formed right on the 0.8000 level, which of course is a massive and large round number.
The USD/CAD, known as the Loonie to us Canucks is back at parity with its southern cousin the American Greenback. Price crossed the 1.00 threshold yesterday and has been trading slightly higher during Asian trading today.
According to the analysis of the USD/JPY and EUR/USD trader profited on a binary options platform.