Get the NZD/USD Forex signal for May 24, 2018 here.
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 Euro fell significantly during trading again on Wednesday, as we have broken below the 1.17 handle.
Bitcoin markets fell again on Wednesday, crashing through the $8000 support level.
The WTI Crude Oil market fell during the trading session on Wednesday, reaching as low as $71.25 after we got a surprise addition to inventory numbers in the United States.
The US dollar fell significantly against the Japanese yen during trading on Wednesday but bounced back above the ¥110 level to use the 200-day moving average as support, as well as the large come around, psychologically significant figure.
The S&P 500 initially fell during the day on Wednesday, reaching towards the 2700 level before bouncing significantly to form a massive hammer.
Get the BTC/USD Forex signal for May 24, 2018 here.
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Get the USD/CAD Forex signal for May 24, 2018 here.
Get the USD/CHF Forex signal for May 24, 2018 here.
Get the GBP/USD Forex signal for May 24, 2018 here.
Get the EUR/USD Forex signal for May 24, 2018 here.
Gold prices rose $2.28 an ounce on Wednesday after minutes from the Federal Open Market Committee’s May meeting suggested the central bank would not increase the pace of its interest rate hikes.
Get the NZD/USD Forex signal for May 23, 2018 here.