Get the NZD/USD Forex Signal for January 18, 2016.
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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 AUD/USD Forex Signal for January 18, 2016.
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Get the USD/JPY Forex Signal for January 18, 2016.
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The EUR/USD pair tried to break out to the upside during the course of the day on Friday, but was turned back around near the 1.10 level. The GBP/USD pair broke down rather significantly during the course of the day on Friday.
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The USD/JPY pair fell during the day on Friday, as we continue to see bearishness in this market. The NZD/USD pair fell initially during the course of the day on Friday but found enough support at the 0.64 level to bounce and form a little bit of a hammer.
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The USD/CAD pair broke higher during the course of the day on Friday, finally cracking above the 1.45 handle.
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The S&P 500 fell during the session on Friday, testing the 1860 level. The NASDAQ 100 fell during the day on Friday as we continue to see quite a bit of bearish pressure in the stock markets worldwide.
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Get the USD/CAD Forex Signal for January 18, 2016.
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Get the USD/CHF Forex Signal for January 18, 2016.
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The WTI Crude Oil markets fell again during the course of the day on Friday, as we broke well below the $30 level at one point. Natural gas markets fell again during the course of the day on Friday, as we are now heading towards the $2.10 level.
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Get the GBP/USD Forex Signal for January 18, 2016.
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Get the EUR/USD Forex Signal for January 18, 2016.
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Gold settled up $10.91 at $1088.76 on Friday, recouping most of the losses from the previous session, as pressure on stock markets and weakness in the U.S. dollar underpinned the precious metal.
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Every day, four days per week, I publish daily signals / forecasts for the seven most important Forex pairs: the USD paired with the EUR, GBP, CHF, JPY, AUD, and NZD.
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Check out our newest trading strategies series with our monthly and weekly forecasts of the currency pairs worth watching using support and resistance for this week of January 18, 2016 here.
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