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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 June 11, 2018 here.
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The Euro fell initially during the trading session on Friday, reaching down towards the 1.1725 level before bouncing enough to form a hammer.
Bitcoin did very little during the trading session on Friday, losing about 0.7% by the time most American traders went home.
The WTI Crude Oil market lost 0.4% during the trading session on Friday but remained supportive just below by an uptrend line.
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The US dollar fell against the Japanese yen during a large portion of trading on Friday but did find a bit of support near the ¥109.20 level to bounce and form a hammer.
The S&P 500 initially fell during the trading session on Friday but turned around near the 2750 level to form a massive hammer.
Gold prices settled at $1298.51 an ounce on Friday, rising nearly 0.44% over the course of the week, as safe-haven demand rose on geopolitical tensions.
Get our trading strategies with our monthly & weekly forecasts of currency pairs worth watching using support & resistance for the week of June 11, 2018.
The difference between success and failure in Forex trading is very likely to depend upon which currency pairs you choose to trade each week
Check out our Forex forecast letting you know the best currency pairs to trade during the week of June 11, 2018 here.