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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 prices ended Tuesday's session up $20.76, extending gains to a second-straight session, as the dollar retreated after Federal Reserve Chair Janet Yellen stressed the need to be cautious in deciding when to raise interest rates.
Get the NZD/USD Forex signal for March 29, 2016 here.
Get the AUD/USD Forex signal for March 29, 2016 here.
Get the USD/JPY Forex signal for March 29, 2016 here.
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Get the USD/CHF Forex signal for March 29, 2016 here.
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Get the GBP/USD Forex signal for March 29, 2016 here.
Get the EUR/USD Forex signal for March 29, 2016 here.
The EUR/USD pair rose during the course of the session on Monday, as we broke above and towards the 1.12 handle. The GBP/USD rose during the course of the session on Monday, testing the 1.4250 level.
The USD/JPY pair initially fell during the course of the session on Monday, but found enough support near the 130 level to turn things back around and form a hammer. The AUD/USD pair rose during the day on Monday, as we continue to find the 0.75 level very supportive.
The WTI Crude Oil market went back and forth during the day on Monday, finding the area above the $40 level to be a bit too resistive. The natural gas markets initially fell during the course of the session on Monday, but found enough bullish pressure to break well above the $1.80 level, and test the $1.85 level.
The S&P 500 initially tried to rally on Monday but ended up turning back around to form a shooting star. Needless to say, the NASDAQ 100 did the exact same thing as we found quite a bit of resistance at the 4440 level.