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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Check out the Forex signal for the USD/JPY pair for June 5, 2014 here.
Check out the GBP/USD Signal for June 5, 2014 here.
Get the EUR/USD Forex signal for June 5, 2014 here.
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The XAU/USD pair closed yesterday’s session lower than opening but remained within the previous two days’ trading range. Wednesday’s data from the world's biggest economy were mixed. Get the full analysis for June 5, 2014 here.
The WTI Crude Oil markets rose initially during the session on Wednesday, but as you can see turned back around somewhere near the $103.50 level.
Get the EUR/USD technical analysis for June 5, 2014 here.
The EUR/JPY pair rose during most of the session on Wednesday, but as you can see ran into a bit of resistance of the 140 handle. The resulting action forced the printing of a shooting star during the day, which of course is a very negative candle.
The EUR/CAD pair has bounced over the last couple of days rather significantly, but at the end of the day on Wednesday, we ended up running a nice-looking shooting star. Get the full analysis for June 5, 2014 here.
Check out the EUR/GBP Forex signal for June 5, 2014 here.
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The XAU/USD pair settled slightly higher on Tuesday, marking the first rise in seven trading sessions, as caution set in ahead of high impact economic data releases later this week.
The WTI Crude Oil markets fell during the course of the session on Tuesday, testing the $102.50 level in order to find support there.
The USD/JPY pair initially fell during the session on Tuesday, ultimately finding the 102.50 level to be supportive enough to make this market bounce and form a nice-looking hammer.
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Sign up to get the latest market updates and free signals directly to your inbox.The USD/CAD pair went back and forth during the session on Tuesday, settling on a relatively neutral candle.
The EUR/USD pair rose during the course of the session on Tuesday, bouncing off of the 1.36 region, as that area continues offer support.
The XAU/USD (Gold vs. the American dollar) pair printed another bearish candle yesterday after strong U.S. manufacturing data helped push money back into the dollar and equities.