Get the USD/CHF Forex Signal for August 24, 2016 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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Get the GBP/USD Forex Signal for August 24, 2016 here.
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Get the NZD/USD Forex Signal for August 23, 2016 here.
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Get the AUD/USD Forex Signal for August 23, 2016 here.
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Get the USD/JPY Forex Signal for August 23, 2016 here.
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Get the USD/CAD Forex Signal for August 23, 2016 here.
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Get the USD/CHF Forex Signal for August 23, 2016 here.
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Get the GBP/USD Forex Signal for August 23, 2016 here.
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Get the EUR/USD Forex Signal for August 23, 2016 here.
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The S&P 500 initially dropped during the course of the day on Monday, but turned right back around to form a bit of a hammer. The NASDAQ 100 is acting very much the same as the S&P 500 but I also recognize that the 4800 level is not only supportive, but is probably more important than the 20-day exponential moving average that we see in the other market.
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The WTI Crude Oil market fell during the day on Monday, as we have finally exhausted a bit. The natural gas markets rose during the course of the session on Monday, as we continue to go back and forth in this market.
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The US dollar did gap higher against the Japanese yen initially during the day on Monday, but as you can see we turn right back around to form a slightly negative candle. The AUD/USD pair initially fell during the course of the day on Monday, but bounced off of the 0.7550 level.
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The EUR/USD pair initially fell during the day on Monday, but then turn right back around to form a hammer as the market decided to bounce. The British pound did bounce during the course of the day on Monday, using the 1.30 level as support.
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The USD/CHF pair initially tried to rally during the course of the day on Monday, but struggled at the 0.9650 level.
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