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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USD/CAD bears can extend their prior movement and reach new lows in a long a run.
This Forex technical analysis piece analyzes the EUR/USD pair and how they are being pushed upward.
Two powerful news items dropping today for the Dollar will allow the EUR/USD to drop like a bomb today, if the forecasts are found to be true of course.
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The strong forecast favoring the USD with employment change and the likely lack of enough unemployment rate change to counter that, will allow the Non-Farm Employment Change to take the EUR/USD any way direction it would like today.
For Sterling the fundamentals look bleak, however technically it’s showing a different picture.
This Forex technical analysis piece analyzes the EUR/USD pair and its heavy forecasts favoring the USD.
This Forex technical analysis piece analyzes the GBP/USD and EUR/USD major Forex pairs.
This Forex technical analysis piece analyzes the EUR/USD and USD/JPY major Forex pairs.
This Forex technical analysis piece analyzes the EUR/USD pair.
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Resistance level at 92.82 and support level at 92.36 forms a narrow trading range, candles are locked up in this range for a while. While support and resistance barriers holds, further bouncing is expected.
USDCAD bears overcome bulls position and are succesfully sliding further downside towards support barrier at 1.0205. Below this level, bears can extend their prior movement and reach new lows in a long a run. In order for bears to continue sliding downside, bullish trend line needs to be broken.
Each technical indicator being below it's centerline has a chance to enjoy enforcing it's desire in continuing the upward retracement that began late last week. The lack of heavily weighted news being released today will allow this.
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Sign up to get the latest market updates and free signals directly to your inbox.Price action showed comfort at 1.3350 level for the EUR/USD pair yesterday. Bollinger Bands, Full Stochastics, StochRSI and RSI are all screaming for a lift from the depths.
This Forex technical analysis piece analyzes the EUR/USD and NZD/USD major Forex pairs.
This Forex technical analysis piece presents the use in Fibonacci analysis on the GBP/USD pair.