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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According to the analyses of the GBP/USD and EUR/USD, trader profited on a binary options platform. See how here for November 5, 2014.
In the latest move to bring Bitcoin to the masses, Bitpay launched a new sale app called Bitcoin Checkout for in-store payments.
The XAU/USD pair closed the day higher after four consecutive days of losses but remained within a tight trading range. Providing an excuse for some short covering in gold was weaker than expected trade balance and factory orders reports.
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Check out the USD/JPY Forex signal for November 5, 2014 here.
Get the GBP/USD Forex signal for November 5, 2014 here.
Get the EUR/USD Forex signal for November 5, 2014 here.
According to the analyses of the AUD/USD and EUR/USD, trader profited on a binary options platform. See how here for November 4, 2014.
LinkedIn Corp (NYSE:LNKD), which very recently released a stellar earnings report is now high on many analysts radar
Check out the USD/JPY weekly Forex signal for November 4, 2014 here.
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Gold prices dropped for a fourth-straight session yesterday on growing perception that the Federal Reserve is moving closer to its first rate hike since 2006 after ending a bond-buying program last week.
Get the GBP/USD Forex signal for November 4, 2014 here.
Get the EUR/USD Forex signal for November 4, 2014 here.
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Sign up to get the latest market updates and free signals directly to your inbox.The EUR/USD pair continues to test the 1.25 level, an area that of course is a big round number. That of course should bring in a lot of interest, as a lot of the large order flow tends to hang about these types of levels.
Looking at the AUD/USD pair, you can see that we gapped lower at the open for the week, and then continue to go much lower. We have not broken down below the recent lows, but it does appear that we are going to attempt to do just that.
The USD/CAD pair had a very strong showing on Monday, as the pair looks ready to test the 1.14 level for resistance. That area has been resistive recently, so it’s not a big surprise that we stopped there during the session.