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
During the month of March, four of the signals given were triggered, producing an overall profit of 0.25%. Learn all about it here.
The XAU/USD pair (Gold vs. the American dollar) closed yesterday's session higher than opening after two consecutive days of losses. It seems like falling prices lured some buyers back to the market.
The WTI Crude Oil markets fell during the majority of the session on Wednesday, but found the $99 handle to be significantly supportive to cause the market to bounce and form a hammer.
Top Forex Brokers
Check out the Forex signal for the USD/JPY pair here.
Check out the Forex signal for the GBP/USD pair here.
Check out the Forex signal for the EUR/USD pair here.
The EUR/USD pair try to rally during the session on Wednesday, but as you can see the 1.38 level offered far too much in the way of resistance.
The NZD/USD pair fell during the bulk of the session on Wednesday, but as you can see we’re still above the 0.85 handle, an area that I have thought for some time to be rather supportive.
According to the analysis of USD/CAD and crude oil, trader profited on a binary options trading platform. See how here
Bonuses & Promotions
Gold prices continued to fall yesterday as the bulls failed to overcome the resistance level at 1289. Gold traded as low as $1277.60 an ounce after figures released from the Institute for Supply Management showed that its index of manufacturing activity climbed to 53.7 from 53.2 a month earlier.
Check out the Forex signal for the USD/JPY pair here.
Check out the Forex signal for the EUR/USD pair here.
Subscribe
Sign up to get the latest market updates and free signals directly to your inbox.Check out the Forex signal for the GBP/USD pair here.
The WTI Crude Oil markets fell during the session on Tuesday, breaking well below the $100 level by the end of the day.
The EUR/USD pair broke above the highs from the Monday session on Tuesday, but as you can see found hanging onto the gains to be a bit difficult by the end of the day. We didn’t quite form a shooting star, but this candle suggests to me that we are still looking at a market that is going to struggle to go much higher.