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 Yen side of the equation has several reasons to sell it. The Yen has been weakened by the Bank of Japan itself as the central bankers have been buying government bonds hand over fist recently, and it looks like this program will continue for some time going forward.
The cable pair has been very positive lately as the Pound has enjoyed a bit of resurgence. The pair has been stuck in a range over the last 2 months however, and this leads me to believe that we are simply trying to figure out where to go at the moment, but I see no real catalysts at the moment to break us out of this range.
Here is the signal update for EUR/USD second time today!
Based on Christopher Lewis's analysis a traders profited on a binary options platform, watch here.
If you missed yesterday's EUR/USD signal, have no fear! Here is the signal update for your favorite pair!
Take a look at where the major currencies like EUR/USD and AUD/USD should be heading this week, and plan your weekly Forex trading smartly.
The US stock markets closed another positive trading week, led by NASDAQ that completed 11 green candlesticks on the weekly chart. Get the full analysis here.
EUR/USD bounced on Friday as the 1.30 level holds the market up yet again. The level has become a focal point of the market, and as such has seen a lot of fighting between bearish and bullish traders.
USD/JPY has been acting like it was shot out of a cannon lately, blasting through various resistance areas with impunity. The recent break of the 80 level was one of the biggest moves in the Forex markets that we have seen in some time, and certainly has gotten the attention of the traders around the world.
One of the favored commodity trades by currency traders is to buy and sell the Kiwi dollar accordingly. The biggest reason is that the currency will follow the general attitude of the markets, and not just a small amount of commodities.
At the start of every week, I have a look at weekly charts to get a feel for the potential market direction. While there are many interesting candle formations across the multitude of currency pairs this week, I am especially interested in the CHF/JPY.
It may be the weekend, but this EUR/USD signal allows you to prepare for this week's trades.
Let this USD/CAD signal help you take advantage of this Forex pair to find profits.
See where the EUR/USD is headed from this free Forex Signal Update based off the original signal!
The recent price action has been fairly tight, and this is mainly because of the fact that we are sitting right at a major support level in the neighborhood of the 1.30 handle. Get the full analysis and video here!
