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
Get the AUD/USD Forex signal for July 11, 2017 here.
The EUR/USD pair did very little during Monday trading, as we continue to bounce around the 1.14 level. The British pound went back and forth during the day on Monday, as we are sitting just below the 1.29 level.
The US dollar rallied a bit during the day on Monday, but continues to find resistance just above. The Australian dollar did almost nothing during the day on Monday, as we continue to see a lot of volatility in a market that is going back and forth in a 20-point range overall.
The WTI Crude Oil market was choppy on Monday, as we tried to rally but found it too much in the way of resistance near the $45 level. Natural gas markets of course are choppy as well, and they did rally during the day.
The S&P 500 initially fell on Monday, but found enough support underneath to bounce and reach towards the 2430 level. The NASDAQ 100 rallied on Monday, testing the 5700 level.
Get the USD/JPY Forex signal for July 11, 2017 here.
Get the USD/CAD Forex signal for July 11, 2017 here.
Get the USD/CHF Forex signal for July 11, 2017 here.
Get the GBP/USD Forex signal for July 11, 2017 here.
Get the EUR/USD Forex signal for July 11, 2017 here.
Gold started the week on the back foot, testing the $1208-$1205 area, but managed to recover its earlier losses and ended the day up $1.55 at $1214.09 an ounce.
Get the NZD/USD Forex signal for July 10, 2017 here.
Get the AUD/USD Forex signal for July 10, 2017 here.
The EUR/USD pair spent most of the day choppy around as the job numbers came out of America, much better than expected.
The US dollar rallied during the day on Friday, as the jobs number was better than anticipated. The Australian dollar initially tried to rally during the day, but turned around at the 0.7625 level to turn around to form a bit of a shooting star.