Get the GBP/USD Forex signal for May 28, 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 EUR/USD Forex signal for May 28, 2018 here.
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The US dollar fell against the Japanese yen during training on Friday as we reached towards the 109 level.
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Bitcoin fell again during the session on Friday as we continue to see weakness in the crypto currency markets.
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West Texas Intermediate crude oil fell significantly during the trading session on Friday, as the US dollar continues to strengthen.
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Get our trading strategies with our monthly & weekly forecasts of currency pairs worth watching using support & resistance for the week of May 28, 2018.
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The difference between success and failure in Forex trading is very likely to depend upon which currency pairs you choose to trade each week
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Gold prices settled at $1300.62 an ounce on Friday, rising nearly 0.82% over the course of the week, as souring relations between the United States and North Korea
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Check out the Forex forecast featuring which currency pairs you should focus on during the week of May 28, 2018 here.
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The Euro rallied a bit during the trading session on Thursday but gave back about half of the gains in a sign of just how soft this pair is.
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The US dollar has gone back and forth during the trading session on Thursday, falling towards the ¥109 level, before finding some type of stability.
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Bitcoin bounced around during the trading session on Thursday, as we are below the $8000 level rather solidly.
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The WTI Crude Oil market broke down significantly during the trading session on Thursday, reaching down towards the $70.50 level, which is testing a major support level that extends down to the $70 level.
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The S&P 500 initially fell rather hard during the day on Thursday, reaching towards the 2700 level as it was revealed that the United States and North Korea were not going to meet after all.
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Gold prices rose for a second straight session on Thursday as the dollar extended losses and equities edged lower on news that U.S. President Donald Trump canceled a planned June meeting with North Korean leader Kim Jong Un.
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