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 GBP/USD pair broke down during the session on Thursday, slicing below the 1.48 level. On top of that, it was a good sign that the sellers were still in control as the shooting star and Wednesday gave back so much of the gains.
The USD/JPY pair broke higher during the course of the session on Thursday, essentially wiping out most of the losses from Wednesday. We now have shown the 120 level to offer support, so it makes sense that the market should continue to go higher.
The EUR/CHF pair is in exactly exciting to trade these days, as last couple of weeks have been fairly quiet. However, one of the things that I like the most about this pair is that it tends to be fairly reliable.
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Gold prices ended Wednesday's session up 1.6% as the dollar tumbled after the Federal Reserve downgraded its view of economic activity and indicated that interest rates may rise at a slower pace than anticipated.
Get the EUR/USD Forex signal for March 19, 2015 here.
Get the GBP/USD Forex signal for March 19, 2015 here.
Get the USD/JPY Forex signal for March 19, 2015 here.
Get the AUD/USD Forex signal for March 19, 2015 here.
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The EUR/USD pair broke much higher during the course of the session on Wednesday, as the market slammed into the 1.10 level.
Get the AUD/USD Forex signal for March 18, 2015 here.
Get the USD/CAD Forex signal for March 18, 2015 here.
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