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, pressing up against the 0.9050 level. While this does look very, I do not feel that you can sell this pair until we clear the 0.90 handle decisively, and that these on the daily close.
According to the analyses of the GBP/USD and EUR/JPY pairs, trader profited on a binary options platform. See how here.
The XAUUSD pair rose to its highest level since November 20 after the bulls managed to push prices above the 1252 resistance levels.
The WTI Crude Oil markets rose during the session on Tuesday, breaking above the $98.50 level. That area is the opening to the $99.00 level, an area that I believe will be broken and allow the market to go as high as $101 in the short term.
The EUR/USD pair rose during the balance of the session on Tuesday, but ran into trouble right around the 1.38 handle.
The USD/CAD pair fell during the session on Tuesday, but as you can see the 1.06 level has offered support yet again. That area for me is rather significant, but it isn't the bottom of the support.
The EUR/JPY pair fell after going back and forth during the session on Tuesday. Market is sitting at the 141.50 level, and as a result I think this market will continue to go higher, reaching the 145 level.
Check out the Forex signal for the AUD/USD pair here.
According to the analyses of the EUR/USD and EUR/JPY pairs, trader profited on a binary options platform. See how here.
Check out the weekly signal for the USD/JPY pair here.
Gold continued to gain ground against the American dollar yesterday but remained within the last five days trading range. Comments from Fed policy makers showed that they would like to begin to wind down the quantitative easing program sooner rather than later but the market's reaction was somehow limited.
The WTI Crude Oil markets fell during the session on Monday, as the $98.00 level offered far too much resistance. That being the case, it feels as if the market is going to pullback from here, which of course would be healthy considering the impulsive move that we've had over the last couple of sessions.
