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.
Most Recent
The NZD/CAD pair continues to struggle, as the 0.95 level offered far too much resistance yet again during the Wednesday session.
The EUR/JPY pair fell during the session on Wednesday, testing the 132.50 handle. Just as we have seen during the day and other euro related pairs, the market fell.
The EUR/CAD pair fell hard during the session on Wednesday, slamming into the recent low. Now that we are approaching the 1.3750 support barrier, I feel that it’s only a matter of time before we continue, even lower.
Top Forex Brokers
Gold prices settled lower on Wednesday as a stronger dollar offset gains from safe-haven bids prompted by a slide in U.S. equities.
According to the analyses of the EUR/USD and GBP/USD, trader profited using a binary options platform. Find out how here for March 4, 2015.
Get the USD/CAD Forex signal for March 4, 2015 here.
Get the USD/JPY Forex signal for March 4, 2015 here.
Get the GBP/USD Forex signal for March 4, 2015 here.
Get the EUR/USD Forex signal for March 4, 2015 here.
Bonuses & Promotions
The EUR/USD pair fell during most of the session on Tuesday, as the 1.12 level continues to be resistance.
The GBP/USD pair fell during the course of the session on Tuesday, testing the 1.5350 region. This is an area that has been supportive, and I believe extends all the way down to the 1.53 level.
The AUD/USD pair initially tried to rally during the session on Tuesday, but as you can see pullback to form a bit of a shooting star.
Subscribe
Sign up to get the latest market updates and free signals directly to your inbox.The SGD/CHF pair broke higher during the course of the session on Tuesday, as we cleared the most recent high, as a result it now looks as if we are ready to continue grinding away to the 61.8% Fibonacci retracement level.
Gold prices fell $2.56 an ounce on Tuesday, extending the previous day's losses, as caution set in ahead of important data releases. The XAU/USD pair dipped to a low of 1195.27 before bouncing back to the 1206 level.
According to the analyses of the USD/JPY and EUR/USD, trader profited using a binary options platform. Find out how here for March 3, 2015.