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 Canadian Dollar – Swiss Franc currency pair broke out of the prolonged trading range it had occupied for a long time.
In the aftermath of the earthquake, which hit New Zealand few weeks ago, that nation's currency fell into a disfavor.
Last week turned out to be extremely volatile for the Japanese Yen, and the Yen became much stronger pushing and made anew all time high versus the Dollar.
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The Swiss Franc has been moving in tandem with the Japanese Yen lately, which means that it mimicked its volatility last week.
After what had seemed like an eternal bear market, the EUR-NZD appears to have found a bottom late last year.
The US Dollar-Swiss Franc has reached yet another milestone in its downtrend, which seems like it's never-ending.
Since the JPY has been a funding source for a carry trade, some currencies suffered as the Yen gained.
Gold seems trying to get another bullish momentum as the strong support at 1412.35 held
In spite of the ever-deepening sovereign debt crisis in Europe, the common currency has been strengthening in recent weeks.
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The Australian Dollar has been in the news a lot lately. It is still very strong against most currencies, even though it pulled back from the highs.
The ever-popular "beast", the GBP-JPY, has staged a very impressive rally so far this year. It advanced from 125.40 to the recent high of 135.50.
Recently, the New Zealand Dollar-Swiss Franc cross has, very quietly, sprang back to life. Following the epic sell off in 2008, it rebounded sharply the next year.
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Sign up to get the latest market updates and free signals directly to your inbox.Like most others Japanese Yen pairs, the EUR-JPY has been somewhat of a sleeper lately. That is, of course, when compared to previous volatility in this instrument. Since the summer of last year, the price has been moving sideways, with most of the movement linked to activity in the Euro, rather than the Yen.
One of the least active currency pairs of the recent months has been the USD-JPY.
One of the strongest and the longest lasting trends in currencies during the past few years was has been in the British Pound-Australian Dollar.