Get the EUR/USD Forex signal for July 4, 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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Gold prices dropped nearly 1.8% on Monday to settle at their lowest level since May 10 as the dollar firmed after stronger-than-expected manufacturing data bolstered confidence in the US economy.
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Get the NZD/USD Forex signal for July 3, 2017 here.
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Get the AUD/USD Forex signal for July 3, 2017 here.
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The EUR/USD pair has been impulsive of the last several sessions, but we turned around to form a slightly negative candle. The GBP/USD pair tried to rally during the day on Friday, breaking above the 1.30 level.
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The S&P 500 went back and forth during the day on Friday, as traders were probably focusing more on the upcoming Independence Day holiday. Now if the S&P 500 looks a little shaky, the NASDAQ 100 is even worse.
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The US dollar rallied after initially dipping below the 112 level against the Japanese yen on Friday. The Australian dollar initially tried to rally during the session on Friday, but turned right back around at the 0.77 level, to form a shooting star.
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The WTI Crude Oil market broke above the $45 level during the day on Friday, testing the top of the shooting star from Thursday.
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Get the USD/JPY Forex signal for July 3, 2017 here.
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Get the USD/CAD Forex signal for July 3, 2017 here.
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Get the USD/CHF Forex signal for July 3, 2017 here.
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Get the GBP/USD Forex signal for July 3, 2017 here.
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Get the EUR/USD Forex signal for July 3, 2017 here.
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Gold prices settled at $1241.43 an ounce on Friday, suffering a loss of 1.25% on the week and 2.17% over the month.
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Our trading strategies with our monthly & weekly forecasts of currency pairs worth watching using support & resistance for July 3, 2017.
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