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 WTI Crude Oil market initially fell during the day on Tuesday but found enough support just above the $40 level to turn things around and form a hammer. Natural gas markets went back and forth during the day but eventually ended up forming a fairly positive candle.
The S&P 500 initially tried to rally during the day on Tuesday, but as you can see failed at the moving average line in the middle, and as a result it looks like the market continues to simply go sideways and perhaps have a slightly negative connotation to it.
The EUR/USD pair initially tried to rally during the course of the session here on Tuesday, but as you can see we fell rather significantly to not only fill the gap, but break down below it. The British pound initially tried to rally during the course of the day on Tuesday, reaching towards the 1.48 level.
The USD/JPY pair rallied during the course of the day on Tuesday, grinding all the way to the 105 level. The Australian dollar of course tried to rally during the course of the day on Tuesday, but struggled at the 0.75 level and turned right back around to form a shooting star.
Get the USD/JPY Forex signal for June 22, 2016 here.
Get the USD/CAD Forex signal for June 22, 2016 here.
Get the USD/CHF Forex signal for June 22, 2016 here.
Get the GBP/USD Forex signal for June 22, 2016 here.
Get the EUR/USD Forex signal for June 22, 2016 here.
Gold prices ended Tuesday's session down $21.72 as strength in the U.S. dollar and a recovery in stock markets weighed on the market.
Get the NZD/USD Forex signal for June 21, 2016 here.
Get the AUD/USD Forex signal for June 21, 2016 here.
Gold markets initially fell during the course of the session on Monday, but turned back around to form a bit of a hammer.
The EUR/USD pair gapped higher at the open on Monday, as we got quite a bit of volatility due to the fact that the latest polls in the United Kingdom suggests that perhaps the British may be shifting towards the “remain” both. The GBP/USD pair initially gapped higher at the open on Monday and then skyrocketed.
The S&P 500 initially rallied during the course of the session here on Monday, but then turned right back around. The NASDAQ 100 initially rallied during the day as well, and for many of the same reasons when it comes to economic headlines.
