The WTI Crude Oil market initially fell during the trading session on Tuesday, reaching towards the 20 day exponential moving average.
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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 S&P 500 rose slightly during the trading session on Tuesday, as we continue to bumble around above the 2550 handle.
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The US dollar rallied against the Japanese yen on Tuesday, as we gained most of the losses from the previous session.
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Gold prices ended Tuesday’s session down $5.34 as gains in equity markets dented the appeal of the safe-haven metal.
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The EUR/USD pair gapped lower at the open on Monday, as the US dollar continues to show strength. The British pound had a volatile session on Monday as well, and as we go into the Tuesday session it looks like we are likely to reach towards the 1.3250 level above.
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The US dollar gapped higher against the Japanese yen at the open on Monday, as Abe got an overwhelming victory in the election. The Australian dollar initially tried to rally, began back quite a bit of the gains to sit right on the 0.78 level.
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The S&P 500 initially tried to rally during the session on Monday, but then rolled over to form a negative candle. The NASDAQ 100 initially tried to rally but then fell significantly.
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