A weakening US Dollar suggests that a bearish reversal is becoming increasingly likely, possibly after the price touches a key resistance level at 18.6617.
Technical Analysis
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.
Most Recent
Technical Analysis
Technical Analysis
Technical Analysis
The GBP/USD pair wavered after the flash July PMI report revealed that the UK economy was doing well.
Technical Analysis
The EUR/USD exchange rate’s recent sell-off stalled on Wednesday after the relatively weak European and US economic data.
Technical Analysis
Top Regulated Brokers
Bitcoin price faced strong resistance at $68,500 this week as investors focused on Mt.Gox account movements and US politics.
Technical Analysis
The Japanese yen continued its recovery against the US dollar as focus shifted to the upcoming interest rate decisions from the Bank of Japan (BoJ) and the US Federal Reserve next week.
Technical Analysis
For five consecutive trading sessions, the GBP/USD exchange rate has been under selling pressure.
Technical Analysis
Advertisement
EUR/USD is under selling pressure and is currently trading around 1.0842, ahead of the release of PMI readings for the manufacturing and services sectors of the eurozone and US economies.
Technical Analysis
Gold prices are in a rebound mode this week, gaining above the $2419 resistance level and recovering from last week's losses that took the price down to the $2384 support level.
Technical Analysis
Traders of the USD/RUB need to remain patient and wait for their wagers on the currency in a similar fashion that fishermen put their bait into the water and then let the day play out.
Technical Analysis
Bonuses & Promotions
The CAC had initially tried to rally during the trading session on Tuesday but gave back gains as the 200 day EMA continues to offer a little bit of resistance.
Technical Analysis
The British pound initially pulled back just a bit during the trading session here on Tuesday, but then turned around to show signs of life.
Technical Analysis
Selling in the NZD/USD has been strong and support levels have proven vulnerable.
Technical Analysis
Subscribe Sign up to get the latest market updates and free signals directly to your inbox. *By registering you agree to receive communications.
Please enter a valid email address
The pound has fallen a bit against the Japanese yen, as we have seen a bit of a risk off type of attitude around the world.
Technical Analysis
It's easy to see that initially, the ruble strengthened during the trading session on Tuesday, but the US dollar has recovered quite nicely.
Technical Analysis
The British pound has drifted a little bit lower during the trading session, but it looks like buyers are trying to protect the 1.29 level.
Technical Analysis