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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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The EUR/USD pair rallied on Friday, bouncing off the 1.1150 level. The British pound initially tried to rally on Friday, but get back some of the gains as we approached the 1.2830 level.
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The US dollar initially tried to rally during the day on Friday, but you back most of the gains to form a shooting star like candle. The Australian dollar rallied on Friday, reaching towards the top of the shooting star from Thursday.
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The WTI Crude Oil market bounced during the session on Friday, reaching towards the $45 level above. Natural gas markets tried to rally at the open on Friday, but turned around to form a shooting star.
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The S&P 500 initially fell during the day on Friday, but turned around to show support yet again as we form yet another hammer.
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Get the USD/CAD Forex signal for June 19, 2017 here.
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Get the USD/CHF Forex signal for June 19, 2017 here.
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Get the GBP/USD Forex signal for June 19, 2017 here.
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Get the EUR/USD Forex signal for June 19, 2017 here.
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Gold logged a second straight weekly loss on Friday as the dollar gained strength after the Federal Reserve increased interest rates and announced it would begin shrinking its holdings of bonds and securities this year.
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Our trading strategies with our monthly & weekly forecasts of currency pairs worth watching using support & resistance for June 19, 2017.
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Get the Forex Forecast using fundamentals, sentiment, and technical positions analyses for major pairs for the week of June 19, 2017.
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Get the Forex forecast focusing on the major currency pairs you should pay attention to during the new trading week of June 19, 2017 here.
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The EUR/USD pair broke down significantly during the day on Thursday, breaking below the bottom of a shooting star from the Wednesday session. The British pound has been a mess as of late, and the session on Thursday was no different.
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The WTI Crude Oil market fell again during the day on Thursday, reaching towards the $44 level. The natural gas markets broke higher during the day on Thursday, slicing through the $3.00 level.
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