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
The WTI Crude Oil market initially fell slightly during the day at the open on Thursday but then surged through the $50 level as it was learned Goldman Sachs is trying to squeeze the price differential between Brent and WTI markets.
The S&P 500 initially dipped at the open on Thursday, but turned around to form a bullish candle. The NASDAQ 100 had a choppy session on Thursday, but we are at a fresh, new high which of course is a very bullish sign.
Get the NZD/USD Forex Signal for March 30, 2017 here.
Get the AUD/USD Forex Signal for March 30, 2017 here.
Get the USD/JPY Forex Signal for March 30, 2017 here.
Get the USD/CAD Forex Signal for March 30, 2017 here.
Get the USD/CHF Forex Signal for March 30, 2017 here.
Get the GBP/USD Forex Signal for March 30, 2017 here.
Get the EUR/USD Forex Signal for March 30, 2017 here.
Gold prices settled higher on Wednesday as market players shifted their attention to upcoming speeches by Federal Reserve officials.
The EUR/USD pair fell during the day, testing the 1.0750 level. The British pound continues to be volatile in general, but I believe it’s only a matter of time before the buyers return every time we fall.
The S&P 500 had a positive session on Wednesday, as we continue to grind higher. The NASDAQ 100 rallied during the session, reaching towards the 5425 level.
The WTI Crude Oil market rallied during the day on Wednesday as the Crude Oil Inventories announcement was “less bad” than originally expected.
The USD/JPY pair initially fell on Wednesday, but found enough bullish pressure to turn things around and form a hammer.
Get the NZD/USD Forex Signal for March 29, 2017 here.