The EUR/USD pair has been going higher recently, mainly due to the presidential polls in the United States tightening up.
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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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Over the last couple of weeks, the WTI Crude Oil market has turned around completely and ended up rolling over. I believe that this will continue going forward, but there could be choppiness from time to time.
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The GBP/USD pair has been going back and forth for quite some time now, as shown on the weekly chart that I have attached to this article.
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The NZD/USD pair rallied rather significantly during the month of October, and now finds itself above the 0.72 handle.
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The USD/CAD pair has been grinding higher lately, and I believe that will continue to be the case.
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Get the NZD/USD Forex signal for November 3, 2016 here.
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Get the AUD/USD Forex signal for November 3, 2016 here.
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Get the USD/JPY Forex signal for November 3, 2016 here.
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Get the USD/CAD Forex signal for November 3, 2016 here.
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Get the USD/CHF Forex signal for November 3, 2016 here.
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Get the GBP/USD Forex signal for November 3, 2016 here.
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Get the EUR/USD Forex signal for November 3, 2016 here.
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The EUR/USD pair initially surged higher during the day on Wednesday, but gave back some of the gains as we reach towards the 1.1150 resistance barrier. The British pound initially rallied during the course of the session on Wednesday, but gave back some of the gains as we continue to look a little bit limp overall.
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The WTI Crude Oil market fell during the day on Wednesday, as we have now clearly broken below the uptrend line that had been supporting this market. The natural gas markets initially tried to rally on Wednesday, but found enough bearish pressure to continue going lower.
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The US dollar fell significantly during the day on Wednesday, crashing into the 103 region. The New Zealand dollar broke higher on Wednesday, clearly breaking above the 0.72 resistance level.
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