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
The WTI Crude Oil market rallied a bit during the day on Wednesday to test the 50-Day EMA.
The British pound has pulled back from the 1.15 level during the trading session on Wednesday, after having a very bullish bounce from the 1.05 level in very short order.
The gold market pulled back a bit during the trading session on Wednesday as the market sliced through the 50-Day EMA.
The EUR/USD pulled back a bit during the trading session on Wednesday as we tested the 50-Day EMA.
The USD/NOK is near the 10.49000 mark as of this writing, this after falling from a high of nearly 10.68100 yesterday.
My previous EUR/USD signal on 19th September produced a losing short trade from the bearish rejection from the resistance level which I had identified at $0.9993.
The BTC/USD has pulled back just a bit during the trading session on Wednesday as we have pulled back from the 50-Day EMA, and traders have started to realize that the “risk off rally” was fading.
The USD/JPY has created a consolidated range the past day and a half as it seemingly awaits the next blast of behavioral sentiment to emerge.
The USD/JPY has rallied a bit during the trading session on Wednesday as we continue to threaten the crucial ¥145 level.
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The USD/CAD bounced during the trading session on Wednesday against the Canadian dollar at the crucial 1.35 level.
The AUD/USD has fallen a bit during the trading session on Wednesday as we continue to consolidate in the same general vicinity.
The S&P 500 E-mini contract started selling off almost immediately during the trading session on Wednesday but turned around to show signs of life again.
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The GBP/USD price pulled back sharply as the recent rally took a breather.
The BTC/USD price held steady at about 20,000 as the consolidation phase continued.