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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 Euro rallied significantly during the trading session on Friday as the 1.1450 level has offered a significant amount of support again.
Bitcoin markets continue to do nothing during the trading session on Friday, gaining roughly $30 as I record this.
The US dollar rallied significantly against the Japanese yen during the trading session on Friday, as we continue to see a bounce from the 61.8% Fibonacci retracement level.
The S&P 500 initially tried to rally during the day on Friday, but by the time the afternoon rolled around we gave back much of the gains.
The WTI Crude Oil market has rallied significantly during the trading session on Friday, testing the $70 level as the 61.8% Fibonacci retracement level has offered enough support.
Gold prices ended the week up $9.54 at $1226.35 an ounce, recoding a second consecutive weekly gain.
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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 October 21, 2018.
Get the Forex Forecast using fundamentals, sentiment, and technical positions analyses for major pairs for the week of October 21, 2018 here.