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
Check out the GBP/USD Forex signal for June 3, 2015 here.
Check out the EUR/USD Forex signal for June 3, 2015 here.
Looking at the EUR/USD pair, it is easy to tell that we had a very bullish session on Tuesday, and a significant one at that. After all, we closed towards the very top of the range, as we pierced several areas of resistance and aimed for the 1.12 level during the day.
Top Forex Brokers
The EUR/CHF pair took off to the upside during the Tuesday session, breaking the top of several candles from the past week or so. By doing so, there’s not much to doubt about the validity of the Euro being stronger, and I feel that the market will more than likely at the very least try to reach the top of the recent consolidation.
The AUD/USD pair broke out to the upside during the Tuesday session, breaking well above the top of the hammer that had formed for Monday.
The NZD/USD pair broke higher during the day on Tuesday, after initially trying to fall. The fact that we formed a shooting star on Monday suggested that perhaps we were going to try to break down below the support that is just underneath that candle.
The USD/JPY pair has been very bullish lately, but as you can see over the last couple of sessions, both Monday and Tuesday, the 125 level has been in the forefront of the thought process as far as traders are concerned.
Gold prices ended Tuesday's session up 0.3% at $1192.71 per ounce as downbeat U.S. economic data pressured the dollar. The Commerce Department's report showed that new orders for factory goods slumped 0.4% in April.
According to the analyzes of the CAD/CHF and EUR/USD, trader profited using a binary options platform. Find out how here for June 2, 2015.
Bonuses & Promotions
Check out the AUD/USD Forex signal for June 2, 2015 here.
Check out the USD/JPY Forex signal for June 2, 2015 here.
Check out the GBP/USD Forex signal for June 2, 2015 here.
Subscribe
Sign up to get the latest market updates and free signals directly to your inbox.Get the EUR/USD Forex signal for June 2, 2015 here.
The EUR/USD pair had a very volatile session on Monday, as we continue to test the 1.10 level. This is an area of the chart that is rather resistive, and as a result I believe that breaking above it is in fact going to be very bullish sign.
The CAD/CHF pair initially tried to rally during the day on Monday, but found the 0.76 level to be far too resistive. With this, the market pullback and formed a bit of a shooting star. I see that the 0.75 level is just below, and it is in fact an area that has been supportive in the past.