Get the Forex Forecast using fundamentals, sentiment, and technical positions analyses for major pairs for the week of January 25, 2016.
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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Stay up to date for the trading week ahead with our Forex forecast for major currency pairs for the week of January 25, 2016.
The WTI Crude Oil market bounced off of the $28 level during the session on Thursday, in a rare sign of strength. The natural gas markets continued to bounce a little bit during the session here on Thursday, but it struggled at the $2.20 level and pulled back a bit.
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The S&P 500 had a slightly positive day on Thursday after initially dropping down to the 1840 level. The NASDAQ 100 seems to be hugging the 4150 level, and as a result it looks as if the market will probably return to that level if we stretch out too far
The EUR/USD pair initially fell during the day on Thursday, testing the 1.08 level for support. The GBP/USD pair initially fell again during the day on Thursday, but found enough support near the 1.4050 level to turn things back around and form a hammer.
The USD/JPY pair initially fell during the day on Thursday, but then bounced quite a bit towards the 117.80 level. The AUD/USD pair fell slightly during the day on Thursday in the beginning, and then turned around to show a very strong candle by the end of the day.
The EUR/NZD pair fell during the day initially on Thursday, but found support at the 1.65 region and bounced rather significantly.
Gold prices ended Thursday nearly unchanged, after a volatile day that saw prices swing between gains and losses.
Get the NZD/USD Forex Signal for January 21, 2016.
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Get the AUD/USD Forex Signal for January 21, 2016.
Get the USD/JPY Forex Signal for January 21, 2016.
Get the USD/CAD Forex Signal for January 21, 2016.
Get the USD/CHF Forex Signal for January 21, 2016.
Get the GBP/USD Forex Signal for January 21, 2016.
Get the EUR/USD Forex Signal for January 21, 2016.