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 has been an interesting one of late to say the least. The pair has been in a tug of war between those who worry about the issues in European debt markets and those who think the United States will continue to ease monetary policy.
The AUD/USD pair is one of the most popular pairs to trade when the market is in a “risk on, risk off” mindset. This is simply because of the relationship of the US dollar to a “flight to safety” trade.
The USD/CAD pair is well-known as a barometer for oil markets. It features two very interconnected economies, and as such can be quite choppy as well.
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The AUD/JPY has been Bullish since Friday when it hit a 2 week low at 85.16 and with a close today above both the Daily & Weekly Pivot at roughly 86.80 in Monday's trading, we could see a test of the Daily R1 at 87.82 today.
See where the US Dollar is heading and how it'll affect your favorite Forex pairs here.
Here is another EUR/JPY free Forex signal from one of our experts using Elliot Waves and Fibonacci Trading methods. Good Luck!
This EUR/USD signal update will be helpful even if you missed the morning's signal...find your position now!
Based on Christopher Lewis and Bastian Rubben's analysis a traders profited on a binary options platform, watch here.
The US futures are down this morning after a negative closing last week that came in the first time in several weeks. However, the indices reached levels in which the bullish reversal could occur and if they rise above Friday's high, it will support the buyers.
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Take a look at where the major currencies like EUR/USD and AUD/USD should be heading this week, and plan your weekly Forex trading smartly.
The EUR/USD pair continues to grind around just below a resistance area as the concerns in the European Union are fading into the background of the collective mindset of traders. Get the full analysis here.
One of the choppiest pairs in the Forex markets lately has been the USD/CAD pair. The main reason is probably the drama that we have seen in the Middle East lately, and especially with the Iranians. See where this pair is headed.
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The AUD/USD pair has been beaten up over the course of the last few weeks, as the fears of a Chinese slowdown rocked the risk appetite around the various Forex, futures, and stock markets. The “slowdown” would be from a growth rate of 12% to “only” 7%, which of course would be phenomenal if we were talking about anywhere else in the world.
This EUR/USD signal is based on Fibonacci and Elliott Wave theory - find your profits now!