Get the GBP/USD Forex Signal for October 19, 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 EUR/USD Forex Signal for October 19, 2016 here.
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Get the NZD/USD Forex signal for October 18, 2016 here.
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Get the AUD/USD Forex signal for October 18, 2016 here.
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Get the USD/JPY Forex signal for October 18, 2016 here.
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Get the USD/CAD Forex signal for October 18, 2016 here.
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Get the USD/CHF Forex signal for October 18, 2016 here.
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Get the GBP/USD Forex signal for October 18, 2016 here.
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Get the EUR/USD Forex signal for October 18, 2016 here.
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The EUR/USD pair rallied during the course of the day on Monday, testing the 1.10 level above. The British pound initially fell during the course of the session on Monday, but turned around to form a supportive looking candle.
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The USD/JPY pair initially tried to rally on Monday but then turn right back around to form a fairly negative candle. The Australian dollar fell initially during the course of the session on Monday but turned right back around form a positive candle.
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The S&P 500 went back and forth during the course of the session on Monday, as we bounced off of the 2120 handle below. The NASDAQ 100 went back and forth during the course of the session on Monday as well, as we continue to hang about the 4800 level
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The WTI Crude Oil market went back and forth during the course of the session on Monday, showing a proclivity to bounce around the $50 level. The natural gas markets went back and forth during the course of the session on Monday after initially gapping lower, and as a result it looks as if the market is trying to find plenty of support below in order to continue the longer-term uptrend.
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Gold prices ended Monday's session up 0.27%, or $3.34, to settle at $1255.20 an ounce as the dollar weakened after industrial production and Empire State PMI data fell short of market forecasts.
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Find out what's in store for some of the major currency pairs with our Forex forecast for the week of October 17, 2016 here.
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