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 Daily Forecast, Analysis and Prediction
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Forex Daily Forecast, Analysis and Prediction
Bitcoin markets continue to do very little during the day, and it looks very likely that we are entering a sideways market.
The S&P 500 gapped higher at the open on Thursday, and then reached towards the 2700 level.
The US dollar initially tried to fall during the session on Thursday but turned around and reached towards the upside again.
The WTI Crude Oil market had a solid day on Thursday, reaching towards the $67.50 level.
Gold prices fell $2.65 an ounce on Thursday as the U.S. dollar strengthened ahead of key U.S. economic data.
The slaughter continues with anything not labeled “USD.” We’ve broken pretty significant support in the EUR/USD pair.
Bitcoin continued to do nothing during the day on Wednesday, as the $6600 level was the fulcrum for price.
The WTI Crude Oil market rallied rather significantly during the trading session, perhaps in a bit of a “dead cat bounce” on Wednesday after being sold off so brutally on Tuesday.
The S&P 500 got crushed during trading on Wednesday, as the bloodbath in global stocks continues.
The US dollar has gone back and forth during the trading session on Wednesday, essentially forming a neutral candle.
Get the NZD/USD Forex signal for October 25, 2018 here.
Get the AUD/USD Forex signal for October 25, 2018 here.
Get the USD/JPY Forex signal for October 25, 2018 here.
Get the BTC/USD Forex signal for October 25, 2018 here.
Get the USD/CAD Forex signal for October 25, 2018 here.