The West Texas Intermediate Crude Oil market broke down again during Thursday trading as the beat down for crude oil continues.
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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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Gold markets have rallied again during the trading session on Thursday, initially gapping higher, but then pulled back to fill that gap before rallying yet again.
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The natural gas markets broke down significantly during the trading session on Thursday as we continue to see a major downtrend.
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Bank lending in Singapore remained stable in December, but fourth-quarter business expectations slumped.
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Australian producer prices eased in the fourth quarter of 2019, reflecting a slowing global economy.
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New Zealand consumer confidence decrease in January, but the Asian region received a necessary positive fundamental boost out of China
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Brexit will be officially complete at midnight Brussels time, granting the first step of the freedom the UK voted for.
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The World Health Organization (WHO) is holding an emergency meeting to discuss and track the path of the global outbreak of, and its global impact.
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Limited optimism in the performance of global financial markets, especially stocks, contributed to the decline in gold prices to the $1563 level.
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Attempts for a bullish correction for the GBP/USD pair are still weak, with the continued USD strength, despite the monetary policy announcement from the US central bank, the pair did not exceed its gains at 1.3030, after falling back towards the 1.2975 support.
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For the second consecutive day, the EUR/USD pair failed to exceed the 1.0992 support, its lowest level in nearly two months.
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The US dollar has gone back and forth during the trading session on Wednesday, as we continue to dance around the 50 day EMA.
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The S&P 500 has rallied initially during the trading session on Wednesday, as we continue to see a lot of back and forth.
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The NASDAQ 100 has filled the gap from earlier in the week, and now looks ripe to pull back slightly.
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The British pound has pulled back a bit during the trading session on Wednesday but continues to find support near the uptrend line that has been important for some time.
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