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 got hammered again during trading on Wednesday, in somewhat of a broken record.
The S&P 500 was a bit choppy during trading on Wednesday but ended up relatively unchanged.
The WTI Crude Oil market fell rather significantly during the trading session on Wednesday, and then got an extra boost as although inventory was taken out in the United States, it was only about half of what had been anticipated.
The US dollar fell against the Japanese yen to reach down towards the ¥111 level.
Get the USD/JPY Forex signal for August 8, 2018 here.
Get the BTC/USD Forex signal for August 8, 2018 here.
The Euro rallied significantly during the trading session on Tuesday, reaching towards the 1.16 level again.
The US dollar initially pulled back during the trading session on Tuesday but found significant support at the ¥111 level.
The WTI Crude Oil market tried to rally again during the day on Tuesday, but just like the Monday session we ended up finding sellers close to the $70 level again and rolled over.
Bitcoin rallied slightly during the trading session on Tuesday, reaching towards the $7100 level.
The S&P 500 broke higher to the upside during trading on Tuesday, reaching towards the 2860 handle.
Get the USD/CAD Forex signal for August 8, 2018 here.
Get the USD/CHF Forex signal for August 8, 2018 here.
Get the GBP/USD Forex signal for August 8, 2018 here.
Get the EUR/USD Forex signal for August 8, 2018 here.