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 initially tried to rally during the day on Wednesday, but found the $42 level be far too resistive to continue going higher. The natural gas markets rose during the course of the session on Wednesday, closing just above the $2 level.
The USD/JPY pair rose again during the day on Wednesday, as it looks like the market is heading towards the 110 level. The AUD/USD pair fell during the course of the session on Wednesday, but remains well within the overall consolidation that has a lower level of 0.75, and an upper level of the 0.77 region.
The S&P 500 broke higher during the course of the session on Wednesday, using the 2060 level as a springboard. As mentioned above, I am willing to buy US indices, but also recognize that it isn’t necessarily going to be the easiest move to go higher.
Get the USD/CAD Forex signal for April 14, 2016 here.
Get the USD/CHF Forex signal for April 14, 2016 here.
Get the GBP/USD Forex signal for April 14, 2016 here.
Get the EUR/USD Forex signal for April 14, 2016 here.
Gold prices fell for a second straight session on Wednesday and settled at $1242.62 an ounce, weighed down by the strength in the dollar and equities.
Get the NZD/USD Forex signal for April 13, 2016 here.
Bonuses & Promotions
Get the AUD/USD Forex signal for April 13, 2016 here.
The EUR/USD pair went back and forth during the course of the session on Tuesday, as we continue to see quite a bit of volatility. The GBP/USD pair initially rallied during the course of the day on Tuesday, but found enough resistance near the 1.4350 level to turn things back around and form a shooting star.
The S&P 500 had a fairly strong day on Tuesday, using the 2040 level as support. With this being the case, the market looks like it is ready to continue consolidating in general, with a little bit of a positive vibe to it. The NASDAQ 100 initially fell during the course of the day on Tuesday, finding plenty of support at the 4440 level to bounce and form a relatively positive candle.
Subscribe
Sign up to get the latest market updates and free signals directly to your inbox.The WTI Crude Oil market rose during the course of the day, testing the $42 level. The natural gas markets rose during the course of the day on Tuesday, as we continue to consolidate between the $1.90 level on the bottom, and of course the area just above the $2.00 level.
The USD/JPY pair broke higher during the course of the day on Tuesday, clearing the top of the shooting star from Monday. The Australian dollar rose during the course of the session on Tuesday, testing the 0.77 level.
Gold prices settled slightly lower on Tuesday after shuffling between gains and losses as a rally in equities sapped the metal's safe-haven appeal.