Get the AUD/USD Forex signal for August 24, 2017 here.
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 fallen a bit during the day on Wednesday, but found enough support towards the end of the day to show signs of life again.
The WTI Crude Oil market broke higher during the day on Wednesday as the inventory figures came out about as expected.
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The US dollar had a slightly negative session on Wednesday, as we initially tried to rally but found the 110 level to be a bit too resistive.
The EUR/USD pair rallied on Wednesday, as the 1.17 level looks to be supportive yet again. The British pound fell slightly during the day, but found a bit of support towards the end of the session.
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Get the EUR/USD Forex signal for August 24, 2017 here.
Gold prices ended Wednesday’s session up $5.71 as disappointing U.S. economic data and political uncertainty weighed on the dollar.
Get the NZD/USD Forex signal for August 23, 2017 here.
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The EUR/USD pair continues to grind above the 1.17 level as we await words from ECB President Mario Draghi from Jackson Hole, Wyoming.