Get the GBP/USD Forex signal for January 5, 2017 here.
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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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Check out the EUR/USD Forex signal for January 5, 2017 here.
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The Euro rallied on Wednesday, slamming into the 1.05 level. The British pound showed signs of resiliency on Wednesday, as we broke above the 1.23 level during the day.
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The US dollar went back and forth against the Japanese yen on Wednesday, as we await the jobs numbers. The Australian dollar rallied on Wednesday, breaking above resistance at the 0.7250 handle.
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The US stock indices continue to look very healthy, as the S&P 500 rallied on Wednesday. The NASDAQ 100 continue to go higher on Wednesday, as we have cleared the 4900 level.
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The WTI Crude Oil market rallied on Wednesday, using the $52 level as support. Natural gas markets continue to look unhealthy, as we have now lost about 9% in the last couple of sessions.
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Gold markets initially tried to rally during the session on Wednesday, but struggled near the $1170 area.
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Get the NZD/USD Forex signal for January 4, 2017 here.
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Get the AUD/USD Forex signal for January 4, 2017 here.
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Get the USD/JPY Forex signal for January 4, 2017 here.
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Get the USD/CAD Forex signal for January 4, 2017 here.
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Check out the Forex signal for the USD/CHF pair for January 4, 2017 here.
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Get the GBP/USD Forex signal for January 4, 2017 here.
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Get the EUR/USD Forex signal for January 4, 2016 here.
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The EUR/USD pair had a volatile session on Tuesday as traders came back to work. It was volatile in the British pound as well, but this market has been consolidating in the general vicinity of 1.224 several days now.
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