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.
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The WTI Crude Oil market fell during most of the session on Tuesday, but found a bit of support as we formed a hammer like candle.
Gold fell on Tuesday after hitting a multi-month high in the session as some investors used this opportunity to take profit.
Gold prices fell in U.S. trading on Tuesday, erasing earlier gains, as a rebound in stock markets put pressure on the metal.
Get the NZD/USD Forex signal for August 29, 2017 here.
The S&P 500 went back and forth during the session on Monday, as we continue to bounce between the 2435 handle on the bottom, and the 2450 level on the top.
The EUR rallied again during the session on Monday and even hit a fresh, new high. The British pound gapped higher at the open on Monday, but then fell immediately.
The WTI Crude Oil market plunged during the session on Monday in reaction to the storms in Texas.
The US dollar had a lackluster session overall, but did start to see buying towards the end of the day against the Japanese yen.
Get the AUD/USD Forex signal for August 29, 2017 here.
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Gold prices ended Monday’s session up $17.85, helped by a slumping U.S. dollar index that hit a 15-month low.