Check out the Forex signal for the EUR/USD pair here.
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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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Check out the weekly signal for the NZD/JPY pair here.
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The XAU/USD pair continued to sink yesterday and touched its lowest level since April 4. However, trading was subdued, as several markets remained closed for the Easter holiday.
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The WTI Crude Oil markets fell initially during the session on Monday, but found the $101 level to be supportive enough to push the market back around and form a hammer.
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The EUR/USD pair tried to rally at the open on Monday, but as you can see we found far too much in the way of resistance in order to continue going higher.
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The USD/CAD pair did very little during the session on Monday, which isn’t a huge surprise considering that the Europeans were celebrating Easter Monday.
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The NZD/JPY pair had a slightly negative session on Friday, but with the low liquidity in the marketplace, it’s very difficult to make much out of that particular candle itself.
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The USD/CAD pair fell slightly during the session on Friday, but found enough support of the 1.10 level to remain afloat.
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The NZD/USD pair tried to rally a bit during the session on Friday, but with the Good Friday holiday in full fact, liquidity just wasn’t enough to push the market in one direction or the other.
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The GBP/USD pair did almost nothing on Friday as the West celebrated Good Friday.
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The EUR/USD pair did almost nothing during the Friday session, which of course isn’t much of a surprise considering that the Good Friday holiday would have had most European and North American banks closed.
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Begin the trading week with a forecast for some of the major Forex pairs here.
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Gold prices fell yesterday as demand for the American dollar increased after the weekly unemployment claims figures and Philadelphia Fed’s survey beat forecasts.
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The WTI Crude Oil markets initially fell during the session on Thursday, but from enough support below the $104 level to pop higher fence in the market brushing up against the $105 handle.
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The EUR/USD pair tried to rally during the session on Thursday, but you can see that the area above the 1.350 level offered enough resistance to push the market back down.
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