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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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Gold prices rose for a third straight session on Tuesday and settled at $1256.06 an ounce as the dollar weakened.
The EUR/USD pair initially fell on Tuesday, but found enough support near the 1.0650 level to turn things around and show signs of support again.
The USD/JPY pair fell initially on Tuesday, but turned around to form a hammer. The AUD/USD pair fell during the day on Tuesday, testing the 200-day exponential moving average.
The WTI Crude Oil market initially fell during the day on Tuesday, but tested the $50 level only to find buyers. The natural gas markets broke higher and cleared the $3.25 level
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The S&P 500 initially fell during the day on Tuesday, but found support at the 20-day exponential moving average. The NASDAQ 100 fell slightly during the session on Tuesday.
Gold prices ended Monday’s session up $4.43 as losses in global equities led investors to increase their safe-haven positions.
Get the NZD/USD Forex Signal for April 4, 2017 here.
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Get the USD/JPY Forex Signal for April 4, 2017 here.
Get the USD/CAD Forex Signal for April 4, 2017 here.