The S&P 500 initially tried to rally during trading on Thursday but turned around to form an exhaustive looking shooting star. The NASDAQ 100 also rose during the day initially but turned around to form a shooting star.
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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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Gold prices ended Thursday's session up $5.53, extending their gains to a third-straight session, as the sharp declines in stock markets around the world increased desire for safe haven diversification.
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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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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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