Get the USD/JPY Forex signal for November 8, 2016 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 EUR/USD pair fell significantly during the day on Monday, as word got out that Hillary Clinton was not going to be indicted. The British pound fell significantly during the day on Monday, as the 1.25 level has offered quite a bit of resistance yet again.
The WTI Crude Oil market initially fell during the course of the session on Monday, but turned around to form a hammer. The natural gas markets gapped higher at the open on Monday, but then turned around to fill that gap.
The S&P 500 gapped higher at the open on Monday, as we continue to see quite a bit of volatility in this market. The NASDAQ 100 also gapped higher, reaching towards the 4760 level, and even above there at one point.
The US dollar gapped higher against the Japanese yen at the open on Monday as the news hit the wires on Sunday that the FBI was not going to press charges against Hillary Clinton. The Australian dollar initially fell during the day on Monday, but then turned around to reach towards the 0.7750 handle.
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Gold prices ended Monday’s session down 0.89%, or $11.57, to settle at $1281.31 an ounce as investors rushed back into U.S. stocks and the dollar strengthened after the FBI said it had found no new evidence against Hillary Clinton.
Get the NZD/USD Forex signal for November 7, 2016 here.
Get the AUD/USD Forex signal for November 7, 2016 here.
Get the USD/JPY Forex signal for November 7, 2016 here.
Get the USD/CAD Forex signal for November 7, 2016 here.
Get the USD/CHF Forex signal for November 7, 2016 here.