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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Get the EUR/USD Forex signal for January 20, 2015 here.
Get the USD/CHF Forex signal for January 20, 2015 here.
Gold ended the day almost unchanged as the market took a breather after surging to a four-month high on Friday.
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Get the USD/CHF Forex signal for January 19, 2015
Get the USD/JPY Forex signal for January 19, 2015
Get the EUR/USD Forex signal for January 19, 2015 here.
The EUR/USD pair broke down during the session on Friday, dipping below the 1.15 level, which of course is a large, round, psychologically significant number.
GBP/USD went back and forth during the course of the session Friday, as you continue to grind sideways in general. This market seems to be trying to form some type of base, and it makes sense that the market would be doing so consider that we are just above the 1.50 level, which of course is massively supportive.
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The USD/JPY pair bounced during the session on Friday, using the 116 level as a springboard.
The EUR/GBP pair broke lower during the session on Friday, as the Euro continues to fall apart. The Euro sol selling across the board during the session on Friday, and this pair of course was no different.
Gold prices ended Friday's session up 1.35%, or $17.05, to settle at $1279.47 an ounce as disappointing U.S. economic data stoked speculations the U.S. central bank may hold interest rates extremely low for longer than previously thought.
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Get the Forex forecast learning about quant vs chart reading for the week of January 18, 2015 here.
Get the Forex forecast for the week of January 18, 2015 here.