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 USD/JPY pair initially tried to rally during the course of the session on Monday, but turned back around to form a bit of a shooting star. The AUD/USD pair fell slightly during the course of the day on Monday, but we still have plenty of support just below.
Get the USD/CAD Forex signal for April 5, 2016 here.
Get the USD/CHF Forex signal for April 5, 2016 here.
Get the GBP/USD Forex signal for April 5, 2016 here.
Get the EUR/USD Forex signal for April 5, 2016 here.
Gold settled slightly lower on Monday as investors continue to digest last week's strong employment data and the cautious tone of Fed Chair Janet Yellen over raising interest rates.
The EUR/USD pair went back and forth during the course of the day on Friday, in reaction to the nonfarm payroll numbers. The GBP/USD also fell during the day on Friday, in reaction to the jobs number.
The WTI Crude Oil market initially rallied during the day on Friday but fell significantly and ended up breaking below the $37 level. Natural gas went back and forth during the course of the day on Friday, forming a neutral candle as we continue to hover just below the $2 barrier.
During the Friday session, the Nonfarm Payroll Numbers came out slightly better than expected at 215,000 for the month of March, as opposed to the expected 205,000. Initially, the S&P 500 fell during the day but found quite a bit of strength as we shot higher.
The USD/JPY pair fell during the course of the session on Friday, as we continue to see negative pressure in this market. The AUD/USD pair initially fell during the course of the session on Friday, but turned back around to form a bit of a hammer.
Get the Forex forecast for major currency pairs like the EUR/USD, GBP/USD, USD/CAD and more for April 4, 2016 here.
Get the USD/JPY Forex signal for April 4, 2016
Get the USD/CAD Forex signal for April 4, 2016 here.
Get the USD/CHF Forex signal for April 4, 2016 here.
Get the NZD/USD Forex signal for April 4, 2016 here.
