The WTI Crude Oil markets had a very strong showing during the session on Wednesday, slamming into the $105.25 level.
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 AUD/USD pair fell during the session on Wednesday, breaking through the 0.90 handle.
The EUR/JPY pair went back and forth during the session on Wednesday, mainly in reaction to the Federal Reserve and its minutes being released.
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The EUR/USD pair went back and forth during the session on Wednesday, after the Federal Reserve released its minutes from the last meeting.
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My trade alert for long trade if a breakthrough occurred if the cross breached the 100 mark was confirmed generating the largest trend in the last few weeks.
Short AUD/JPY between 0.8981 and 0.9030 if the price reaches this level before Midnight GMT tonight.
Short AUD/USD between 0.9177 and 0.9205 if the price reaches this level before Midnight GMT tonight.
Although gold prices declined three days in a row, we are still trapped in a small trading range bounded by the Ichimoku clouds on the daily and 4-hour charts.
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The WTI Crude Oil markets fell during the session on Tuesday, slicing through the $104 level, an area that we had suggested was significant support.
The EUR/USD pair had a back and forth session on Tuesday, essentially going nowhere by the time the markets closed.
The USD/JPY pair did almost nothing during the session on Tuesday, sitting right at the 98 handle.
The AUD/USD pair fell drastically during the session on Tuesday, aiming towards the 0.90 handle.
The Canadian Dollar, aka the Loonie as it is called, has been recently getting a little stronger against its southern cousin the American Greenback.
Short GBP/USD between 1.5328 and 1.5353 if the price reaches this level between 7am and 4pm GMT today.