Get the USD/CHF Forex signal for June 21, 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 June 21, 2016 here.
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Get the EUR/USD Forex signal for June 21, 2016 here.
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Gold started the week lower as worries that the U.K. may leave the European Union abated after surveys show ‘remain’ sentiment gaining steam.
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Get the NZD/USD Forex signal for June 20, 2016
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Get the AUD/USD Forex signal for June 20, 2016 here.
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Get the USD/JPY Forex signal for June 20, 2016 here.
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Gold prices settled at $1298.43 an ounce on Friday, a rise of 1.81% over the course of the week's trading, as the Federal Reserve's cautious stance towards tightening policy, soft economic data and a slide in equities lured investors back into the market.
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The EUR/USD pair initially fell during the day on Friday, but turned right back around to form a bit of a hammer. The GBP/USD pair initially fell during the course of the session on Friday, but turned right back around in order to form a bullish candle.
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The WTI Crude Oil market rose during the course of the session on Friday, testing the $40 handle. Natural gas markets initially fell during the course of the day on Friday but turned right back around form a very bullish candle.
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The S&P 500 fell slightly during the course of the session on Friday, testing the bottom of the Bollinger band indicator that I have on this chart. The NASDAQ 100 fell significantly during the course of the session on Friday, testing the bottom of the hammer from Thursday.
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The USD/JPY pair ground lower doing the course of the day, and having said that it looks as if we are going to test the bottom of the hammer from the Thursday session given enough time. The AUD/USD is a market that simply had no traction whatsoever during the day on Friday, as we continue to bounce around at the 0.74 level.
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Get the USD/CAD Forex signal for June 20, 2016 here.
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Get the USD/CHF Forex signal for June 20, 2016 here.
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Get the GBP/USD Forex signal for June 20, 2016 here.
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