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 BTC/USD Forex signal for January 23, 2019 here.
Get the USD/CAD Forex signal for January 23, 2019 here.
Get the USD/CHF Forex signal for January 23, 2019 here.
Get the GBP/USD Forex signal for January 23, 2019 here.
Get the EUR/USD Forex signal for January 23, 2019 here.
The Euro initially fell during the trading session on Tuesday but found enough support underneath at the trend line that I have drawn on the chart to turn things around and form a bit of a hammer.
The Bitcoin market pulled back initially during trading on Tuesday but has found support underneath the psychologically figure of $3500.
The WTI Crude Oil market pulled back during trading on Tuesday, reaching towards the 20 day EMA.
The US dollar pulled back against the Japanese yen during the trading session on Tuesday, reaching towards the ¥109 level.
Bonuses & Promotions
The S&P 500 fell hard during the trading session on Tuesday as Americans came back to work.
Gold markets fell initially during the day on Tuesday but then turned around to pop back over the $1280 level.
Prior to the release of UK employment and wages data, the GBP/JPY is holding steady moving above the psychological top peak at 140.00, making the opportunity for upward correction stronger.
Subscribe
Sign up to get the latest market updates and free signals directly to your inbox.On Tuesday, markets and investors in the Forex market will watch the announcement of job numbers and wages growth data in Britain and the ZEW Business Climate Index announcement from the Eurozone.
Risk appetite has increased and the US dollar has returned to gains, and gold prices have suffered losses despite the weak Chinese economic data.
Crude oil price losses increased after the announcement of slowing economic growth in China - the second largest economy in the world.