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 AUD/USD pair fell during the session on Wednesday, slamming into the 0.90 level, an area that I have been watching for some time. Because of the psychological aspect of a round number like this, it does not surprise me that it did hold the sellers away, and cause a slight bounce by the end of the session.
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Check out the Forex signal for the GBP/USD pair here.
Although the XAU/USD pair found some support just above the 1213.40 level yesterday, the lack of momentum is certainly something to watch.
The EUR/USD pair rose for the session on Tuesday, but remained underneath the 1.36 handle by the time the market close.
The WTI Crude Oil markets took off to the upside during the session on Tuesday, breaking well above the $97 handle by the time the market closed.
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Check out the signal for the USD/JPY pair here.
According to the analyses of the USD/CAD and GBP/USD pairs, trader profited on a binary options platform. See how here
The XAU/USD pair fell to a 21-week low of 1217.68 after the U.S. manufacturing data, before recovering slightly to 1222.91. Data released from the Institute for Supply Management showed that the index of national manufacturing activity climbed to 57.3 from 56.4 a month earlier.
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Check out the Forex signal for the GBP/USD pair here.
Check out the Forex signal for the USD/JPY pair here.