For four consecutive trading sessions, the USD/JPY pair has rallied around the top of the 110.00 psychological resistance,
Technical Analysis
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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NZDUSD analysis: bearish but can’t break 0.6500 yet
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USDJPY: Bullish breakout above upwards price channel
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USDCAD remains trapped in a month-long price range
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USDCHF supported above 1.0070 as risk appetite recovers
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EURUSD: Still bearish below resistance at 1.1181
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The Euro went back and forth rather wildly during the trading session on Tuesday as investors try to figure out what they’re going to do next.
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Bitcoin markets did very little during the day on Tuesday, and I think that’s a good thing.
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The S&P 500 rallied a bit during the trading session on Tuesday, as we continue to dance around the 50 day EMA.
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The WTI Crude Oil market went back and forth during trading on Tuesday, as we continue to see a lot of resistance near the $63.66 level.
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The US dollar rallied against the Japanese yen during the trading session on Tuesday as we had seen some bullish action in the stock markets in America.
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Gold markets fell during trading on Tuesday, testing the $1270 level yet again.
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