The EUR/USD pair initially tried to rally during the course of the session on Thursday, but sold off as the 1.14 level above had provided quite a bit of resistance.
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.
Most Recent
Gold prices fell for a third straight session on Thursday to settle at their lowest level since June 7 on expectations that Britain would vote to stay in the European Union.
The S&P 500 had a positive session on Thursday as we not only broke above the median range of the Bollinger Bands, but we also broke above the 2100 level. The NASDAQ 100 broke higher during the course of the day as well, clearing the 4440 handle and continued to go higher at one point in time.
Top Forex Brokers
Get the USD/JPY Forex signal for June 23, 2016 here.
Silver markets have been rather sideways over the last couple of weeks, so it makes sense that perhaps the market should remain within the consolidation that we’ve seen for some time.
During the day on Wednesday, the EUR/USD pair rose slightly during the course of the session, but remains very much within the overall consolidation that we’ve seen recently. The British pound rose again during the day initially on Wednesday, but turned right back around to form a shooting star yet again.
The S&P 500 initially tried to rally during the course of the session on Wednesday, but turned back around to form a shooting star. The NASDAQ 100 initially tried to rally during the day on Wednesday, but turned back around to form a shooting star for the session.
The WTI Crude Oil market fell during the course of the day on Wednesday, but found enough support just below the $50 level to turn things back around and form a little less destructive candle that we had intentionally trying to do.
The USD/JPY pair fell initially during the day on Wednesday, as the 105 level of course continues offer quite a bit of resistance. The AUD/USD pair broke higher during the course of the session on Wednesday, and of course cleared the top of the shooting star from Tuesday.
Bonuses & Promotions
Get the USD/CAD Forex signal for June 23, 2016 here.
Get the USD/CHF Forex signal for June 23, 2016 here.
Get the GBP/USD Forex signal for June 23, 2016 here.
Get the EUR/USD Forex signal for June 23, 2016 here.
Get the AUD/USD Forex signal for June 22, 2016 here.
Get the NZD/USD Forex signal for June 22, 2016 here.