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.
Most Recent
The WTI Crude Oil market went back and forth during the course of the session on Tuesday, as we continue to find quite a bit of momentum to the upside. The natural gas markets initially fell during the course of the session on Tuesday, but bounced enough to form a green candle.
Gold prices ended Tuesday's session down 3.32%, their biggest decline since January 2015, after a breach of the key support level at $1300 triggered a sell-off.
This trade can be entered anytime during the day, but will be especially productive if entered and triggered during the European trading hours.
Trade may be entered at any time.
Trades may be entered at any time over the next 24 hours.
Trades may be entered anytime during the day.
Trade can be entered as late as 8 AM New York time, or afternoon London.
Gold prices ended Monday's session down $6.59, extending their losses to a fifth straight session, as lower safe haven demand and heightened expectations for a Fed rate increase in December fueled downside momentum.
The Euro initially tried to rally during the day on Monday, but turned around to fall slightly and reach towards the 1.12 level. The British pound initially tried to rally during the course of the day on Monday, but then turned around to break below the 1.2850 level.
Bonuses & Promotions
The USD/JPY pair initially fell during the course of the session on Monday, turning things back around to form a hammer. The New Zealand dollar went back and forth during the course of the day, ultimately settling on a very slight positive candle.
The WTI Crude Oil market broke higher during the course of the session on Monday, breaking above the top of the hammer from the Friday session, and it looks like we are trying to grind our way towards the $50 level. The natural gas markets initially fell during the course of the day on Monday, then turn right back around to form a bullish candle.
The S&P 500 fell during the day on Monday as we returned from the weekend. The NASDAQ 100 fell during the course of the day on Monday as well, but it has a much more clear and concise area where the support is.
Subscribe
Sign up to get the latest market updates and free signals directly to your inbox.The USD/JPY pair went back and forth on Friday as we continue to see quite a bit of volatility. The Australian dollar fell initially during the course of the day on Friday, but turned around to form a bit of a hammer.
The Euro initially fell during the course of the day on Friday, but found enough support near the 1.1150 level to turn back around and form a hammer. The British pound went back and forth during the course of the session on Friday, as we continue to see a lot of volatility.
The WTI Crude Oil market initially fell during the course of the session on Friday, but turned back around to form a nice-looking hammer. The natural gas markets fell during the course of the session on Friday, dipping down to the $2.90 level.