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 USD/JPY Forex signal for August 26, 2015 here.
Get the USD/CHF Forex signal for August 26, 2015 here.
Get the GBP/USD Forex signal for August 26, 2015 here.
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Get the EUR/USD Forex signal for August 26, 2015 here.
Gold continued to retreat from a seven-week high struck this week, as safe-haven buying subsided after the news that China slashed interest rates and banks' reserve requirements helped stabilize global markets.
The EUR/USD pair fell significantly during the course of the session on Tuesday, but found the 1.14 level to be supportive enough to turn things back around and form a hammer.
The EUR/CHF pair is a market that I thought would be going higher much more quickly than it is. In fact, we struggled quite a bit as the area above the 1.08 level has offered quite a bit of resistance.
The GBP/CAD pair initially fell on Tuesday, but found enough support near the 2.08 level to turn things back around and form a hammer.
The GBP/AUD pair had a massive move higher on Monday, but it turned back around to form a bit of a shooting star.
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The USD/SGD pair fell initially during the course of the session on Tuesday, slamming through the 1.40 level at one point during the day.
The USD/CAD pair initially fell during the session on Tuesday, but found support at the 1.3150 region in order to turn things back around and form a rather positive looking candle.
Get the NZD/USD Forex signal for August 25, 2015 here.
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