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 continues to thrash back and forth as traders try to get a handle on the direction.
EUR/AUD is probably the trade you have missed. The pair broke through the 1.29 level back in December.
The markets were pretty cool today with the Bears & Bulls gaining and losing ground almost equally.
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See how the USD index should be moving in this technical forecast from a professional trader.
Based on Christopher Lewis’s analysis of the USD/JPY, he believes that the traders will avoid selling this pair and it will go up.
Check out this USD/JPY signal based on Elliott Waves and Fibonacci principles.
EUR/USD has been consolidating over the last several sessions, and with the Non-Farm Payroll report coming out tomorrow, there isn’t much in the way of catalysts to push the pair around in my estimation.
This GBP/USD signal is based on the hourly chart, so don't wait long to make your move.
The USD/JPY pair has been a battlefield of sorts between the entire planet, and the Bank of Japan.
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EUR/GBP has been in a bear market lately, as the Eurocentric issues continue to drag on. The Euro has suffered against almost all currencies over the last several months, and the Pound has been no different.
The USD/CHF has stopped once again on the support zone at 0.9125 and is being held in check by the Daily Moving Average to the upside at 0.9236 creating a trading box of 110 points give or take a few pips.
A trader that used today's Forex technical analysis profited on a binary options platform.
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The EUR/USD pair has been a real challenge for many traders lately, and the Tuesday session did very little to alleviate the back and forth nature that the pair has been trading in over the last several weeks.
USD/JPY continued to fall on Tuesday as traders bought the Yen overall in the currency markets.