Get the USD/CAD Forex signal for November 1, 2018 here.
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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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Get the USD/CHF Forex signal for November 1, 2018 here.
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Get the GBP/USD Forex signal for November 1, 2018 here.
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Get the EUR/USD Forex signal for November 1, 2018 here.
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The Euro broke down again during trading on Wednesday, as we are pressing the 1.13 level.
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The bitcoin market had a volatile session in a very tight range during trading on Wednesday.
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The S&P 500 rocketed to the upside after gapping higher to kick off the trading session on Tuesday.
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The US dollar tried to rally against the Japanese yen during the trading session on Wednesday but gave back quite a bit of the gains.
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The WTI Crude Oil market has been very negative during trading on Wednesday, slicing through the $65 level.
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Gold prices ended Wednesday’s session down $8.34 an ounce, pressured by an improved risk appetite in the market place.
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The month of October wasn’t very good to the Euro, as we broke back towards the recent lows.
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The Australian dollar has been weak for several months, and I think that the month of November could be crucial.
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The Australian dollar has bounced a bit against the Swiss franc and other currencies during the last 30 days.
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The British pound broke down rather significantly towards the end of the month of October, reaching down towards the 1.27 handle
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The US dollar has been very volatile and choppy against the Japanese yen during the month of October, and I think at this point that is to be expected.
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