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.
The GBP/USD has broken above 1.5935, a level not seen since November 15, 2011 and the high from February 08, 2012 which was 1.5929. This apparently comes on the heels of the surprising CBI realized sales numbers which rose to -2 points.
See the mid week summary of your favorite major pairs, get updates and see where they may lead the rest of the week.
EUR/USD free Forex signal brought to you by DailyForex.com for February 29, 2012. Using Elliot Waves and Fibonacci Trading, this trader gives you the details on where this pair is heading!
The AUD/USD produced a nice bullish engulfing candle off of daily support at 1.0690 yesterday, but it is not enough to break out of the range that the pair has been trapped in for the past month.
The experts at ForexRoyals bring you a free Forex signal on the EUR/JPY. See where this pair is headed using the Resistance, Support Levels and Pivot Point methods.
The EUR/USD pair continues to be the focal point of the Forex markets in general. The G-20 told the Europeans that they haven’t done enough to shore up their firewalls for the debt markets and banks in the region, and as a result, the European Union will have to find more money to fix the problem.
USD/CAD is a pair that has been difficult if you are trying to hold onto your position for any real length of time. However, this can also be said for much of the markets in general, from the futures pits to the stock exchanges.
AUD/USD has been going sideways for the last couple of weeks. However, over the last several months we have seen strength in general, and the sideways motion lately hasn’t even seriously attempted a breakdown.
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GBP/USD is busy today as we have two types of signals posted for this major pair. See where this expert says the GBP/USD is headed and get your target now.
The experts at ForexRoyals bring you a free Forex signal. See where the GBP/USD is headed this week.
See where the EUR/USD is headed this week from this free Forex signal by one of our expert traders!
Q2 2012 is going to see some interesting market fluctuations - see how one professional trader expects things to go for EUR/USD, AUD/USD, GBP/USD and more.
Take a look at where the major currencies like EUR/USD and USD/JPY should be heading this week, and plan your weekly Forex trading smartly.
The EUR/USD had another strong showing during the Friday session in order to move up to the next resistance area by the end of the day. The pair has recently seen some strength, and the move certainly will have been more or less initiated by large amounts of short covering over the last week or so.
