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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Gold settled up $6.27 at $1202.34 on Tuesday, helped by safe-haven bids over concerns that Greece will be unable to make all of the required payments and ultimately default on its debt, but remained within the trading range of the past 9 sessions.
The AUD/USD pair initially tried to rally during the day on Tuesday, and took back about half of the losses from Monday.
The USD/JPY pair went higher during the course of the day on Tuesday, testing the 120 level. This level offered resistance, and we pulled back ever so slightly.
The EUR/USD pair had a fairly volatile session on Tuesday, but at the end of the day really hadn’t changed much.
According to the analyses of the USD/CHF and GBP/USD, trader profited using a binary options platform. Find out how here for April 21, 2015.
Gold prices ended Monday's session down 0.76%, or $9.15, to settle at $1195.61 an ounce as U.S. equities rallied and the greenback steadied.
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The EUR/USD pair fell during the session on Monday, testing the 1.07 region. This is a pair that looks like it’s getting ready to make a “lower high”, and as a result I believe that the market is going to continue the longer-term downtrend.
The USD/CHF pair showed a significant amount of support at the 0.95 handle again on Monday, as we simply open there and bounced around only to form a relatively positive candle.