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 Euro continues to go back and forth, and it looks as if we are likely to see more of the same going forward.
The US dollar has been bullish against the Japanese yen over the last several sessions, and on Friday it was no different.
The British pound continued to fall during the trading session on Friday, reaching down below the 1.24 level.
We’ve given up on the Australian dollar, at least in the short term. Why? Find out here.
The NASDAQ 100 has rallied a bit during the trading session on Friday, closing towards the highs yet again.
The West Texas Intermediate crude oil market continues to be very choppy, as the entire week has been stuck between the $55 level underneath, and the $57.50 level above.
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The S&P 500 rallied significantly during the trading session on Friday, reaching above the 3025 handle.
Natural gas markets continue to show signs of weakness, as we have broken below the $2.20 level significantly on Friday.
The US dollar has rallied for a couple of consecutive sessions against the South African Rand, as we have sliced through both the 50 and the 200 day EMA indicators.
Gold markets initially tried to rally during the trading session on Friday but ran into a lot of trouble at the $1425 level.