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 USD/JPY pair initially fell during the day on Thursday, but turned right back around to form a fairly positive candle. The Australian dollar initially tried to rally during the day on Thursday but found the area above the 0.7675 level far too resistive yet again.
The Euro climbed initially during the US dollar during the Thursday session, but after the press conference by the European Central Bank, the Euro sold off. The British pound fell during the day as well, after initially trying to rally.
The NZD/CHF pair initially tried to rally during the day on Thursday but turned right back around as the New Zealand dollar sold off in general.
Get the NZD/USD Forex Signal for September 8, 2016 here.
Get the AUD/USD Forex Signal for September 8, 2016 here.
Get the USD/JPY Forex Signal for September 8, 2016 here.
Get the USD/CAD Forex Signal for September 8, 2016 here.
Get the USD/CHF Forex Signal for September 8, 2016 here.
Get the GBP/USD Forex Signal for September 8, 2016 here.
Get the EUR/USD Forex Signal for September 8, 2016 here.
Gold fell slightly after a four-day streak of gains on Wednesday as a rebound in the greenback and the market's inability to penetrate the $1355/2 area prompted investors to book some profits.
The EUR/USD pair initially tried to rally during the course of the session on Wednesday, but turn right back around to form a shooting star. The British pound fell significantly during the course of the session on Wednesday, forming a rather negative candle.
The WTI Crude Oil market went back and forth during the course of the session during the day on Wednesday, as we continue to bounce around in this general vicinity. The natural gas markets initially tried to rally during the course of the session on Wednesday, but the $2.75 level above is resistive and it’s likely that the market will continue to fall from here.
The S&P 500 initially fell during the course of the day on Wednesday, but bounced off of the 20-day exponential moving average in order to form a hammer. The NASDAQ 100 went back and forth during the course of the session on Wednesday, forming a fairly neutral candle.
The US dollar initially fell during the course of the day on Wednesday, but turn right back around at the 101 handle. The New Zealand dollar initially tried to rally during the course of the day on Wednesday, but tested the 0.75 level, and found quite a bit of resistance.
