Gold rose slightly on Wednesday, following a Federal Reserve statement that signaled it was not in a hurry to tighten monetary policy.
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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The Euro rose initially during the course of the session on Tuesday, testing the 1.1350 level. The GBP/USD pair rose during the course of the day on Tuesday, clearing the 1.45 level.
USD/JPY pair initially fell during the course of the session on Tuesday, but turned back around to form a positive candle. The AUD/USD pair rose during the course of the day on Tuesday, as we tested the 0.7750 level.
The S&P 500 initially tried to rally during the day on Tuesday but turned back around to form a bit of a shooting star. NASDAQ 100 fell during the day on Tuesday after initially trying to rally, but as you can see we did struggle and then drop down to the 4440 level during the day.
The WTI Crude Oil market rose slightly during the course of the session on Tuesday, testing the $44 level. The natural gas markets fell during the day, testing the $2 level yet again. This of course is a large number and therefore attracted a lot of attention.
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