Gold ended slightly lower Thursday, marking the first loss in five sessions, as the dollar strengthened on the back of the stronger-than-expected U.S. inflation and jobless claims data.
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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 NZD/USD Forex signal for October 15, 2015 here.
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Get the AUD/USD Forex signal for October 15, 2015 here.
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Get the USD/JPY Forex signal for October 15, 2015 here.
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Gold rallied 1.14% on Wednesday as the dollar retreated after disappointing retail sales data weakened the case for the Federal Reserve to end the era of record-low interest rates.
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Get the USD/CAD Forex signal for October 15, 2015 here.
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Get the USD/CHF Forex signal for October 15, 2015 here.
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Get the GBP/USD Forex signal for October 15, 2015 here.
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Get the EUR/USD Forex signal for October 15, 2015 here.
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The USD/SGD pair initially fell during the course of the day on Tuesday, but ended up bouncing back above the 1.40 level.
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The USD/CAD pair fell during the course of the session on Wednesday, as we have seen time and time again over the last couple of weeks.
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The NZD/USD pair had a very strong session on Wednesday, breaking the top of the hammer from the Tuesday session, and then of course going above the orange dashed line that I have on the chart.
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The GBP/USD pair broke higher during the course of the session on Wednesday, as we tested the 1.55 level during the day.
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The EUR/USD pair broke higher during the course of the day on Tuesday, as we reached towards the 1.15 level. Quite frankly, if we can get above there I feel that the market is now changing trends.
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Get the NZD/USD Forex signal for October 14, 2015 here.
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