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
Check out the Forex signal for the GBP/USD pair here.
Check out the Forex signal for the EUR/USD pair here.
The XAU/USD pair fell to its lowest level in five weeks after weaker than expected figures from the United States and China fueled concerns about the global economy.
Top Forex Brokers
The WTI Crude Oil markets try to rally during the session on Monday, but as you can see the $100 level has offered a bit too much resistance for the second day in a row.
The EUR/USD pair went back and forth violently during the session on Monday, but found enough support down at the 1.3750 level to turn things back around and bounce quite a bit higher.
Check out the weekly Forex forecast for some of the major pairs here.
After falling 4 sessions in a row, the XAU/USD pair found some support on Friday and recovered some of its previous losses. Although the market settled higher on the last trading day of the week, the weekly candle was still negative.
The WTI Crude Oil markets rose during the session on Friday, after initially gapping down just a little bit. At the end of the day, we had punctured the $100 level, but could not remain above it.
Check out the Forex signal for the USD/JPY pair here.
Bonuses & Promotions
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 did very little during the session on Friday, but the one thing that it did show me that is important is the fact that the 1.38 level should be somewhat supportive.
Subscribe
Sign up to get the latest market updates and free signals directly to your inbox.The GBP/CHF pair fell during the session on Friday, breaking the bottom of the shooting star that had formed on Thursday. This is a classic sell signal, but I do see that the 1.45 level below is going to offer plenty of support.
The EUR/JPY pair fell during the session on Friday, but as you can see we found enough support above the 140 level to turn things back around and form a hammer. This hammer of course suggests that there is plenty of support below, and as a result we could very well find buyers.
The NZD/USD pair rose during the session on Friday, breaking the top of the Thursday hammer. While this is normally a very bullish sign, the market turned right back around and formed a shooting star, which of course is a very negative sign.