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 euro had a fairly volatile session against the US dollar during the Thursday trading hours, but as you can see the 1.10 level offered enough support to keep the market barely above it. The GBP/USD pair fell initially during the course of the day, turning back around to form a hammer.
The S&P 500 fell during the day on Thursday, as we continue to grind at higher levels. The NASDAQ 100 had a slightly negative session on Thursday, but as you can see towards the end of the day did find value hunters.
Get the NZD/USD Forex signal for July 21, 2016 here.
Get the AUD/USD Forex signal for July 21, 2016 here.
Get the USD/JPY Forex signal for July 21, 2016 here.
Get the USD/CAD Forex signal for July 21, 2016 here.
Get the USD/CHF Forex signal for July 21, 2016 here.
Get the GBP/USD Forex signal for July 21, 2016 here.
Get the EUR/USD Forex signal for July 21, 2016 here.
The New Zealand dollar initially fell against the Japanese yen during the day on Wednesday, but found enough support near the 74.25 level to turn things around and form a very bullish candle by the end of the day.
The EUR/USD pair had a fairly volatile session during the day on Wednesday, testing the 1.10 level. The GBP/USD pair rallied during the day on Wednesday, as we continue to bounce back and forth.
The WTI Crude Oil market had a very volatile session on Wednesday, as we went back and forth. Natural gas markets had a negative session during the day on Wednesday as we reached the $2.65 level.
The USD/JPY pair initially fell during the day on Wednesday but turned around and ended up forming a fairly bullish candle. The New Zealand dollar initially tried to rally during the day but then turn right back around to form a bit of a shooting star.
The S&P 500 broke higher during the course of the day on Wednesday, as we continue to see quite a bit of bullish pressure in this market. The NASDAQ 100 shot higher during the course of the day on Wednesday as well, as we broke the top of the hammer from the Tuesday session.
Gold prices ended Wednesday's session down 1.2%, or $16.08, to settle at $1315.65 an ounce as strength in global equities diverted interest from the precious metal.
