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.
The EUR/USD pair fell again on Thursday as the Euro continues to suffer at the hands of a weak economy, and a massive debt problem. The area was rocked by the announcement by ECB Chairman Draghi that it looks as if Germany is heading towards a recession.
The GBP/USD pair fell during most of the session on Thursday in order to break through the bottom of the shooting star for the Wednesday session. The 100 day exponential moving average is sitting just below, and it looks as if the pair is struggling with direction at the moment.
The USD/JPY pair fell for the entirety of the session with only a slight bounce off of the 79.25 level. Currently, this pair is being held up by the Bank of Japan as most of you know, and will only suffer minor setbacks.
According to the analysis of the GBP/USD and EUR/USD trader profited on a binary options platform.
The latest measures seek to claw back €13.5 billion through a mixture of spending cuts and tax increases. Find out what this means for the FX markets here.
Check out this GBP/USD FX signal based on Ichimoku principles and find your target and stop loss now.
EUR/USD fell during the session on Wednesday after initially rising above the 1.28 handle. Your insights to EUR/USD are here.
The GBP/USD pair initially rose above the 1.60 level in a sign of bullishness during the Wednesday session. Learn more at DailyForex.com.
The NZD/USD pair fell during the session on Wednesday, and even managed to crack below the 0.82 level. See what this means here.
The descending line was hit yesterday with the Daily High at 1.04796 and then fell to close lower than the open, forming a daily pin bar. Resistance is heavy to the upside- get the full analysis here.
See how one professional investor is playing on Obama's win to profit in the market with the UUP fund.
According to the analysis of the USD/CAD and EUR/USD trader profited on a binary options platform.
The EUR/USD pair fell during the session on Tuesday, but bounced in order to show signs of support at the 1.28 handle by the end of the session.
The EUR/JPY pair continued to grind away at the 103 level during the session on Tuesday in order to try and continue upward momentum.
The USD/CAD pair has been stuck between the 0.99 and parity levels recently, as this pair continues to consolidate. Get the full analysis here.
