The US dollar initially tried to rally against the Mexican peso, as we had been hanging about the 61.8% Fibonacci retracement level.
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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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The US dollar initially tried to rally against the Japanese yen during trading on Wednesday, but then fell hard after the Federal Reserve released its meeting minutes
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The S&P 500 rallied during trading on Wednesday, reaching towards the 2600 level.
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The WTI Crude Oil market exploded to the upside during the trading session on Wednesday, leaving the $50 level behind it.
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Gold prices ended Wednesday’s session up $7.93 an ounce as the U.S. dollar extended losses following the release of the minutes from the Federal Reserve’s December meeting.
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Get the NZD/USD Forex signal for January 9, 2019 here.
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Get the AUD/USD Forex signal for January 9, 2019 here.
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Get the USD/JPY Forex signal for January 9, 2019 here.
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Get the BTC/USD Forex signal for January 9, 2019 here.
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Get the USD/CAD Forex signal for January 9, 2019 here.
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Get the USD/CHF Forex signal for January 9, 2019 here.
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Get the GBP/USD Forex signal for January 9, 2019 here.
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Get the EUR/USD Forex signal for January 9, 2019 here.
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Gold prices are in a bearish correction for 4 days in a row, reaching to $1279 an ounce, with the return of trader’s optimism towards the possibility of a trade agreement between the USA and China.
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The Euro fell during the trading session on Tuesday as the 1.15 level continues to be too resistive for the market to overcome.
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