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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Even if you haven't traded based on yesterday's signal, there's still time to find your position - do it now!
The EUR/GBP daily chart has been printing lower highs for what seems like ages, basically Bearish since hitting its all time high in 2008 at 0.9802. There have been Bullish rallies for sure as no chart ever goes only up or only down.
The AUD/USD pair attempted to rally during the session on Tuesday, but was beat back once we got above the 1.02 level. This level is important as it was the bottom of a larger consolidation area, and one has to think now that the pair is very vulnerable to the downside.
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The USD/CAD pair did very little during the Tuesday session, as the markets continue to digest all of the news surrounding the oil markets.
The EUR/USD pair fell hard during the session on Tuesday as the problems in Europe appear to be on the minds of traders again. This pair has essentially been relegated to a matter of which area is looking worse at the moment.
Is gold still a safe haven? This in-depth analysis will give you a look at what was once an obvious safe haven. Only at DailyForex.
Check out this CHF/JPY signal based on Elliott Waves and Fibonacci principles and find your position now!
The EUR/JPY daily chart has printed a double top with a lower high than September and a very bearish candle at the end of the day yesterday. The full analysis is here.
One DailyForex expert trader is neutral on EUR/USD right now - find out why here.
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GBP/USD had a surprising fall in yesterday's trading session - but what does this mean for today's trading?
USD/CAD seems to be settling into a downward spiral - see why our expert trader recommends selling.
Start your week with the Forex forecast of the major pairs, make your moves carefully, and good luck!
EUR/USD: One more wave is expected to take off as of wave v reaching around 1.3100 theoretically. However, lets wait for Eurozone Finance Minster summit for Greece funding and Spain bailout cues before we plan our next move.
Gold (XAU/USD) spent another week above 1750.00 but has basically traded sideways since breaking above 1750 on September 13.
The EUR/USD pair had an interesting session on Friday as the nonfarm payroll numbers came out. As you can see on the chart, there is an uptrend line that this market has been following.