The WTI Crude Oil market has rallied during trading on Wednesday, as crude oil inventory numbers came out much more bullish than anticipated.
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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 rallied during trading on Wednesday, breaking above the recent resistance and clearing the ¥111.50 level.
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The S&P 500 rallied during trading on Wednesday, breaking above the 2900 level quite decidedly.
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Get the USD/CHF Forex signal for August 30, 2018 here.
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Get the GBP/USD Forex signal for August 30, 2018 here.
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Get the USD/CAD Forex signal for August 30, 2018 here.
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Gold prices ended Wednesday slightly higher after a quiet session.
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Get the NZD/USD Forex signal for August 29, 2018 here.
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Get the AUD/USD Forex signal for August 29, 2018 here.
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Get the USD/JPY Forex signal for August 29, 2018 here.
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The Euro rallied again during trading on Tuesday but struggled above the 1.17 level. By doing so, we are forming something akin to a shooting star, and it’s likely that we will see some selling pressure into the market.
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The bitcoin market rallied again during the day on Tuesday, breaking above the $7000 level.
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The US dollar continues to go back and forth during the last couple of sessions, using the ¥111 level as support.
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The S&P 500 couldn’t decide what to do on Tuesday, as it initially tried to rally but then gave back all of the gains to form a bit of a shooting star.
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