Get the EUR/USD Forex signal for May 31, 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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Gold markets, the CFD variety, fell rather significantly during the Friday session as we appear set to test significant support below.
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The EUR/USD pair had a very negative Friday, making a fresh new low. The GBP/USD pair initially tried to rally during the course of the session on Friday, but turned right back around to form a somewhat negative candle.
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The WTI Crude Oil market initially fell during the day on Friday, but turned back around to form a hammer. Natural gas markets initially fell during the course of the day on Friday, but turned right back around and form a hammer as well.
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The S&P 500 had a slight gain during the course of the day on Friday and it looks now like we’re going to try to break out to the upside. The NASDAQ 100 rose slightly during the day on Friday as well, but is a little bit farther away from the recent highs than the S&P 500 is.
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The US dollar gained a bit during the course of the day on Friday, as it continues to fight its way higher against the Japanese yen overall. The AUD/USD pair fell a bit during the course of the day on Friday, as we continue to meander just above the 0.72 level in general.
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Get the NZD/USD Forex signal for May 30, 2016 here.
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Get the AUD/USD Forex signal for May 30, 2016 here.
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Check out the USD/JPY Forex signal for Monday, May 30, 2016 here.
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Get the USD/CAD Forex signal for May 30, 2016 here.
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Get the USD/CHF Forex signal for May 30, 2016 here.
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Get the GBP/USD Forex signal for May 30, 2016 here.
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Get the EUR/USD Forex signal for May 30, 2016 here.
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Gold prices settled at $1211.64 an ounce on Friday, suffering a loss of 3.26% on the week and 6.16% over the month.
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Get our trading strategies series with our monthly and weekly forecasts of the currency pairs worth watching using support and resistance for this week of May 30, 2016 here.
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