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 rose initially on Thursday as traders around the world celebrated the Federal Reserve’s quest to kill the US dollar in the form of low rates until the end of 2014.
GBP/USD rose again on Thursday as the mania continues. The UK even came out with negative GDP numbers the other day.
The EUR/AUD is a pair that far too many retail traders neglect. The pair is often thought of as “exotic”.
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The Sterling pushed its way through the daily moving average that was noted to be a key level in my previous article on the pair earlier this week.
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EUR/USD has been a focal point for most of you recently, and with good reason. The pair is essentially the barometer of all things debt related, and as a result it has been a real pain to trade at times.
AUD/USD rose during the session on Wednesday as the world continues to search for yield. The Federal Reserve announced that the interest rates in the United States would remain ultra low until the end of 2014.
USD/JPY originally rose during the session on Wednesday as the Dollar got a nice boost overall.
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EUR/USD had an interesting session on Tuesday as the pair initially fell on debt concerns.
NZD/USD is a pair that a lot of traders have trouble with. It is probably because of the very nature of the pair. While some consider it a major pair, it is much less liquid than some of its peers as the nation of New Zealand is fairly small.
The GBP/USD pair has been frustrating bears for several sessions now as it simply refuses to fall.
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Sign up to get the latest market updates and free signals directly to your inbox.The GBP/USD Daily Moving Average was broken today, with price actually closing the day 19 pips above the DMA.
What were the weekly changes in the Forex world - weekly summary.
US Dollar Index just landed on a support level at 9,860 and 0.318 Fibonacci level with a reversed contracting triangle - find out what this means here.