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.
Forex Technical Analysis
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Forex Technical Analysis
The WTI Crude Oil market fell initially during the day on Friday, but found enough support to break above the $43 level. The natural gas markets rallied a bit during the day on Friday, bouncing off the $2.90 level.
The US dollar went sideways during the day on Friday, as we continue to grind back and forth. The Australian dollar rallied a bit during the day on Friday, forming a positive candle.
The S&P 500 went sideways during the week, and Friday was no different. The NASDAQ 100 initially fell on Friday, but turned around to form a bullish candle.
Get the USD/CAD Forex signal for June 26, 2017 here.
Get the USD/CHF Forex signal for June 26, 2017 here.
Get the GBP/USD Forex signal for June 26, 2017 here.
Get the EUR/USD Forex signal for June 26, 2017 here.
Gold snapped a two-week losing streak as the dollar failed to extend its latest gains after a few Fed officials said that the U.S. central bank should hold off raising interest rates further until it was clear inflation accelerated.
Our trading strategies with our monthly & weekly forecasts of currency pairs worth watching using support & resistance for June 26, 2017.
Get the Forex Forecast using fundamentals, sentiment, and technical positions analyses for major pairs for the week of June 26, 2017.
Get the Forex forecast focusing on the major currency pairs you should pay attention to during the new trading week of June 16, 2017 here.
The EUR/USD pair rolled over slightly during the day on Thursday, as we continue to see the 1.12 level offer resistance. The British pound had a quiet session on Thursday as we continue to see the 1.26 level for support.
The WTI Crude Oil market bounced during the day on Thursday, but continues to find resistance near the $43.50 level. Natural gas market initially tried to rally during the day but found enough resistance above and near the gap to turn things around and form a shooting star.
The S&P 500 initially tried to fall, but turned around to form a green candle. The NASDAQ 100 initially fell during the day on Thursday, but turned around and formed a hammer, testing the 5800 level.
The US dollar initially fell during the day on Thursday, but found enough support near the 111 level to turn around and bounce. The New Zealand dollar broke out to the upside during the day on Thursday, as we sliced through the 0.7250 level.