This pair shot through several resistance areas on Monday, but still remains below the 1.25 level. Find out what this means here.
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
The USD/CAD pair initially tried to rally during the Monday session, but it failed somewhere around the 0.9880 level. Learn more here.
I see a move above the 1.35 level as monumental in this pair. Get the full analysis here.
Top Forex Brokers
Start your day with a free Forex signal for the USD/CAD pair and catch the recommendation for your trading here.
The EUR/GBP has gapped up this week, and after yesterday's trading has also hit the bottom of a resistance zone that held the pair captive from January through March of 2012.
The XAU/USD pair remained slightly bullish yesterday and traded as high as 1674.70. It appears that the bulls gained some strength after Federal Reserve Chairman Ben Bernanke said nothing to reinforce the hawkish reading of the latest FOMC minutes.
Get one expert's opinion about the Euro and how to trade the FXE ETF - only at DailyForex.com.
According to the analysis of the USD/CAD and EUR/USD trader profited on a binary options platform.
Some of the major Forex pairs weren't so hot last week while others were. See what is in store for them this coming week and make your trading moves carefully.
Bonuses & Promotions
XAU/USD (gold vs. the greenback) had a slightly positive week as the bulls continued to defend the support level at 1652. Get the gold analysis here.
The EUR/USD pair smashed through the 1.33 resistance level on Friday as the uptrend continues. Obviously, we have broken out and the fundamental outlook for this currency pair has completely changed.
The USD/CAD pair fell during the Friday session as we broke below the recent lows in order to make a serious attempt at the 0.98 handle. However, by the end of the day we get a significant enough bounce order to form a hammer.
The GBP/AUD pair initially fell during the Friday session, but bounced off of the 1.5250 level in order to climb back above the 1.53 handle.
The GBP/CHF, not unlike the USD/CHF has been trading in a descending channel since July 22 when it reached the high for 2012 at 1.5479, a level not seen since February 2011.
The EUR/USD pair shot straight up like it was fired out of a cannon on Thursday. The pair was reacting to a few answers during the post meeting by European Central Bank Chairman Mario Draghi relating to a more upbeat than thought assessment of the economy.