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
Get the GBP/USD Forex signal for April 1, 2019 here.
The Euro has been beaten up pretty significantly during the trading month of March, but as we close out the month we are still sitting above the crucial 1.12 level.
The US dollar has been very choppy against the Japanese yen during the month of March, as we have no idea which direction we are going to go.
The New Zealand dollar has been very choppy over the last several months but has been drifting higher.
The British pound has gone back and forth during the course of the month for March, as the ¥144 level has offered a major support, while the 148 level has caused a significant amount of resistance.
The month of March has been very noisy for the New Zealand dollar overall, but as Forex traders we need to go to where the action is.
The Euro initially tried to rally during the trading session on Friday, but then fell rather hard yet again.
The US dollar fell rather hard against the South African Rand during the trading session on Friday, after forming a massive shooting star from the Thursday session.
Get the EUR/USD Forex signal for April 1, 2019 here.
Bonuses & Promotions
The US dollar rallied a bit during the trading session on Friday, reaching towards the 200 day EMA.
The WTI Crude Oil market rallied a bit during the trading session on Friday, closing above the $60 level which is a good sign.
The S&P 500 continues to show strength as although it wasn’t an explosive day, Friday was positive.
Subscribe
Sign up to get the latest market updates and free signals directly to your inbox.Gold markets went back and forth rather violently during the trading session on Friday, as we tested a trend line underneath.
Get our trading strategies with our monthly & weekly forecasts of currency pairs worth watching using support & resistance for the week of March 31, 2019.
Get the Forex Forecast using fundamentals, sentiment, and technical positions analyses for major pairs for the week of March 31, 2019 here.