Monday was a wild session for crude oil, simply because as we started out the trading session, energy markets gapped higher as tensions between the United States and Saudi Arabia picked up.
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 S&P 500 has been very choppy during the trading session on Monday as we kick off the week.
Gold prices ended Monday’s session up $9.89 an ounce, supported by safe-haven demand and technical buying.
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Get the NZD/USD Forex signal for October 15, 2018 here.
Get the AUD/USD Forex signal for October 15, 2018 here.
Get the BTC/USD Forex signal for October 15, 2018 here.
Get the USD/JPY Forex signal for October 15, 2018 here.
The Euro initially tried to rally on Friday but then rolled over to show signs of negativity.
Bitcoin markets rallied slightly during the trading session on Friday, bouncing from the $6200 level.
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The WTI Crude Oil market rallied slightly during the day on Friday, as we have seen extraordinarily high amounts of volatility.
The S&P 500 had a decent recovery towards the end of the day on Friday, as we bottomed out on Thursday at the 61.8% Fibonacci retracement level.
The US dollar has gone back and forth during the day on Friday just as we did on Thursday, showing signs of support at the ¥112 level.
Get the USD/CAD Forex signal for October 15, 2018 here.
Get the USD/CHF Forex signal for October 15, 2018 here.
Get the GBP/USD Forex signal for October 15, 2018 here.