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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The EUR/USD pair initially fell during the session on Tuesday, two fall back below the 1.35 handle.
The WTI. Oil markets drifted slightly lower during the session on Tuesday, but found a little bit of support in approach the $94 handle again.
According to the analyses of the EUR/USD and USD/CAD pairs, trader profited on a binary options platform. See how here.
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Last week printed a bearish candle, closing hard on its low. It also made a third touch and rejection of a major bearish trend line.
The XAU/USD pair closed yesterday's session lower after three consecutive days of gains. Gold prices turned south after the bears increased selling pressure to defend the 1293 level.
The CHF/JPY pair is one of my favorite pairs in the sense that it does tend to form a very distinct range that the market will trade in from time to time.
The GBP/CAD pair initially fell during the session on Monday, but as you can see bounced enough to form a nice looking hammer.
The EUR/USD pair broke higher during the session on Monday, but as you can see failed above the 1.35 level as the resistance continues to hamper the buyers and keep them at bay.
The WTI Crude Oil markets tried to rally during the session on Monday, but as you can see were repelled yet again near the $95 level in order to pull back and form a shooting star.
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Check out the weekly signal for the USD/JPY pair here.
According to the analyses of the CHF/JPY and GBP/CAD pairs, trader profited on a binary options platform. See how here.
Gold settled at $1287.95 an ounce on Friday, as investors decided to take some of profit off the table prior to the release of the Federal Open Market Committee meeting minutes.
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The chart shows clearly that there has been a bullish breakout of the long-term triangle. The last two weeks have produced very bullish candles following the bullish reversal candle of three weeks ago.
Check out the weekly Forex forecast for the week of November 18, 2013 here.