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 went back and forth during the day on Tuesday but ultimately formed a slightly negative candle. The natural gas markets continue to look very soft, as we have completely fallen apart over the last 5 or 6 sessions.
The USD/JPY pair initially rallied during the day on Tuesday but found the 105 level be far too resistive yet again. The AUD/USD pair broke higher during the course of the day on Tuesday, clearing the top of the shooting star from the session on Monday.
The S&P 500 initially tried to rally during the course of the day on Tuesday but turned back around to form a negative candle. The NASDAQ 100 initially tried to rally during the course of the session on Tuesday, but pulled back below the 4900 level one point.
Get the crude oil Forex signal for October 26, 2016 here.
Get the CAD/JPY Forex signal for October 26, 2016 here.
Get the AUD/JPY Forex signal for October 26, 2016 here.
Gold prices ended Tuesday's session up $8.94, to settle at $1273.67 an ounce, as losses in US equities and a drop in the U.S. dollar lent some support to the precious metal.
Get the USD/JPY Forex signal for October 25, 2016 here.
Get the USD/CAD Forex signal for October 25, 2016 here.
Get the USD/CHF Forex signal for October 25, 2016 here.
Get the GBP/USD Forex signal for October 25, 2016 here.
Get the EUR/USD Forex signal for October 25, 2016 here.
The Euro initially tried to rally during the day on Monday, but went back and forth and ended up forming a bit of a neutral candle, if not a shooting star. The GBP/USD pair went back and forth during the day on Monday essentially doing nothing.
The USD/JPY pair initially dipped on Monday, but broke higher and then now looks as if it is trying to reach towards the 105 level. The Australian dollar initially tried to rally during the course of the session on Monday, but turned right back around to form a shooting star.
The WTI Crude Oil market went back and forth during the course of the day on Monday, as we have found more than enough support below the $50 level to keep this market somewhat afloat.
