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.
Each technical indicator being below it's centerline has a chance to enjoy enforcing it's desire in continuing the upward retracement that began late last week. The lack of heavily weighted news being released today will allow this.
Price action showed comfort at 1.3350 level for the EUR/USD pair yesterday. Bollinger Bands, Full Stochastics, StochRSI and RSI are all screaming for a lift from the depths.
This Forex technical analysis piece analyzes the EUR/USD and NZD/USD major Forex pairs.
This Forex technical analysis piece presents the use in Fibonacci analysis on the GBP/USD pair.
The unemployment numbers will define the day for the EUR/USD.
Japanese CPI figures published this morning continued to point on subdued customer demand.
This Forex technical analysis piece analyzes the EUR/USD and USD/JPY major Forex pairs.
This Forex technical analysis piece analyzes the EUR/USD and GBP/USD major Forex pairs.
NZD/USD narrow trading range between support and resistance continues.
This Forex technical analysis piece about EUR/USD pair combines the Forex technical analysis with the Forex news items.
The heaviest news item for the EUR/USD pair will aid the four technicals this chart enjoys in their upward retracement effort.
Bears have initiated downtrend movement after a breakout and M pattern formation, bears did manage to breakout at support barrier 1.3656.
USDJPY bulls have formed a double top by lower resistance barrier at 90.66. Lower support barrier stays at 90.42 price level.
These last several days have presented some excellent opportunities on GBP/USD that are well worth examining especially in the light of the analysis I posted last week on this pair.
