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.
The EUR/USD pair broke above the 1.15 handle finally, as we showed the market to be very bullish during the day on Tuesday. The British pound went back and forth during the day on Tuesday, as CPI numbers come out much lower than anticipated.
The US dollar has fallen a bit during the session on Tuesday, slamming into the 112 level. The Australian dollar broke higher during the day on Tuesday, reaching towards the 0.7925 level.
The WTI Crude Oil market initially shot much higher during the day on Tuesday but found enough resistance near the $47 level to turn around and form a shooting star.
The S&P 500 initially fell during the session on Tuesday, crashing into the 2450 handle. The NASDAQ 100 initially fell as well, but found enough support near the 5810 level to turn around and reach towards the 5900 level.
Get the USD/JPY Forex signal for July 19, 2017 here.
Get the USD/CAD Forex signal for July 19, 2017 here.
Get the USD/CHF Forex signal for July 19, 2017 here.
Get the GBP/USD Forex signal for July 19, 2017 here.
Get the EUR/USD Forex signal for July 19, 2017 here.
Gold prices rose for a third consecutive session on Tuesday, hitting the highest level since July 3, as the dollar came under fresh pressure after Republican lawmakers abandoned their effort to replace Obama’s Affordable Care Act.
Get the NZD/USD Forex signal for July 18, 2017 here.
Get the AUD/USD Forex signal for July 18, 2017 here.
Check out the USD/CHF Forex signal for July 18, 2017 here.
The EUR/USD pair initially fell on Monday, but found enough support to turn around and form a hammer. The GBP/USD pair broke out to the upside on Monday, slicing through the 1.30 level.
The S&P 500 rallied during the day on Monday, but then pulled back to do almost nothing. The NASDAQ 100 initially tried to rally during the session on Monday, but turned around to form a shooting star.
