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
Get the EUR/USD Forex signal for June 25, 2014 here.
The GBP/USD pair fell hard during the session on Tuesday, slicing through the 1.70 handle. This is an area that I have been telling as significant support, and I still believe it to be.
The AUD/USD pair fell hard during the session on Tuesday, showing the 0.9450 level to be resistive enough to keep the market within the consolidation area that has been so important since the middle of May.
Top Forex Brokers
The WTI Crude Oil markets initially gapped lower at the open on Tuesday, but found enough support near the $105.50 level to bounce significantly.
Although gold gained some ground against the American dollar for a second session on Tuesday, strong economic numbers out of the United States and long-side profit taking hindered the bulls’ advance.
The WTI Crude Oil markets tried to rally during the session on Monday, but found the $107.50 level to be a bit too resistive, and turned back around to form a relatively negative candle.
The EUR/USD pair fell initially during the session on Monday, but as you can see we bounced enough to start closing out the day at roughly 1.36 again. This area is a bit of a magnet for price as that is essentially “fair value”, being right in the middle of the consolidation area that the market has been working with.
The EUR/JPY pair initially fell during the session on Monday, but found enough support near the 138.30 level to turn things back around and form a pretty impressive looking hammer.
The CHF/JPY pair it is a market that I pay attention to quite frequently. Certainly trading the Japanese yen in general, this is a good barometer as to where the “scared money” is starting to run to.
Bonuses & Promotions
The EUR/CAD pair fell during the session initially on Monday, but found enough support to turn things back around and form a pretty good looking hammer.
Get the Bitcoin outlook for June 24, 2014 here.
Get the USD/JPY Forex signal for June 24, 2014 here.
Subscribe
Sign up to get the latest market updates and free signals directly to your inbox.Get the GBP/USD Forex signal for June 24, 2014 here.
Get the EUR/USD Forex signal for June 24, 2014 here.
The XAU/USD pair ended yesterday’s session higher, supported by strong Chinese manufacturing PMI data and geopolitical issues. Get the full gold analysis for June 24, 2014 here.