The WTI Crude Oil market continues to show significant strength, so having said that it looks like the buyers are still very much in control in this market.
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 NZD/USD Forex Signal for April 10, 2017 here.
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Get the USD/JPY Forex Signal for April 10, 2017 here.
Get the USD/CAD Forex Signal for April 10, 2017 here.
Get the USD/CHF Forex Signal for April 10, 2017 here.
Get the GBP/USD Forex Signal for April 10, 2017 here.
Get the EUR/USD Forex Signal for April 10, 2017 here.
Gold prices settled at $1255.13 an ounce on Friday, gaining 0.55% on the week, as geopolitical concerns increased desire for safe haven diversification.
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The EUR/USD pair initially tried to rally on Friday, but found the 50-day exponential moving average to offer resistance yet again, and it now looks as if the market is going to try to reach towards the 1.05 level below.
The USD/JPY pair initially fell during the day on Friday as the jobs number in America came out at 98,000 jobs added, far below consensus.
The S&P 500 initially fell on Friday as we received a very poor jobs report, but we found enough support at the 50-day exponential moving average to turn things around and form a hammer.
The WTI Crude Oil market rallied significantly during the day on Friday, mainly in reaction to a nice uptrend, and of course the US airstrikes against the Syrian military.
Our trading strategies with our monthly & weekly forecasts of currency pairs worth watching using support & resistance for April 10, 2017
Get the Forex Forecast using fundamentals, sentiment, and technical positions analyses for major pairs for the week of April 10, 2017.