Gold prices ended Thursday’s session up $3.78 an ounce, extending gains from the previous session, as stock markets turned lower and the American dollar weakened.
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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 NZD/USD Forex signal for February 1, 2018 here.
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The Euro rallied initially during the trading session on Wednesday but turned around to form a shooting star.
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Bitcoin fell slightly against the US dollar during trading on Wednesday, in shrinking volume.
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The S&P 500 rallied during the trading session on Wednesday but gave back quite a bit of the gains.
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The WTI Crude Oil market rallied a bit during the trading session on Wednesday, as we reached the middle average of the Bollinger Bands.
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The US dollar rallied against the Japanese yen during the trading session on Wednesday but struggled to maintain those gains towards the end of the day.
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Get the AUD/USD Forex signal for February 1, 2018 here.
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Get the BTC/USD Forex signal for February 1, 2018 here.
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Get the USD/JPY Forex signal for February 1, 2018 here.
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Get the USD/CAD Forex signal for February 1, 2018 here.
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Get the GBP/USD Forex signal for February 1, 2018 here.
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Get the EUR/USD Forex signal for February 1, 2018 here.
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Gold prices rose $6.60 on Wednesday, supported by pullbacks in major stock markets and a weaker dollar.
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The EUR/USD pair has been explosive to the upside over the last month or so, and more importantly, has broken above the top of a weekly bullish flag.
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