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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The EUR/JPY pair went back and forth during the course of the day on Wednesday, as the 129 level offered a bit of resistance.
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Gold prices slipped for a third straight session on Tuesday as optimistic data on the U.S. economy dimmed the metal's appeal.
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The EUR/USD pair has been rather volatile for the month of March, testing the 1.10 handle for resistance eventually, but only after testing the 1.05 level for support.
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Sign up to get the latest market updates and free signals directly to your inbox.The USD/CAD pair has been bouncing around just above the 1.24 level for some time now. I believe that this is simply the market trying to build up enough momentum to finally break out again.
The EUR/GBP pair had a fairly significant decline recently, but did manage to bounce off of the 0.70 handle. Because of this, we ended up going all the way to the 0.74 level last month, and I feel that it has reached significant resistance finally.
The TRY/JPY pair is a market that I love to trade. The swap is absolutely brilliant on the upside if you get the opportunity to take advantage of it.