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.
Most Recent
Gold markets have fallen hard during the trading session on Friday, showing that we are in fact ready to go even lower.
The US dollar has spiked again during the trading session on Friday as the Bank of Japan continues to work against interest rates.
The West Texas Intermediate Crude Oil market has fallen hard during the Friday session, as we continue to grind back and forth.
The price of WTI Crude Oil will enter this week of trading having seen its value decline from a high above 92.40 to around 84.55 USD.
The EUR/USD produced a fairly consolidated price action path at the start of last week, but on Thursday and Friday demonstrated dangerous velocity as it spiked in both directions.
This week I will begin with my monthly and weekly Forex forecast of the currency pairs worth watching.
The difference between success and failure in Forex / CFD trading is highly likely to depend mostly upon which assets you choose to trade each week and in which direction, and not on the exact methods you might use to determine trade entries and exits.
Get the Forex Forecast using fundamentals, sentiment, and technical positions analyses for major pairs for the week of October 16th, 2022 here.
The West Texas Intermediate Crude Oil market has initially fallen during the trading session on Thursday, but has found support just above the $85 level, which of course has a certain amount of psychology attached to it.
Bonuses & Promotions
The S&P 500 has initially plunged during the trading session on Thursday, only to turn around and show signs of life.
The NASDAQ 100 has Lowered to kick off the trading session, only to turn around and show signs of massive volatility.
Gold markets have fallen rather hard during the trading session on Thursday, as the CPI numbers have come out much hotter than anticipated.
Subscribe
Sign up to get the latest market updates and free signals directly to your inbox.The global markets were all over the place during the trading session on Thursday, and as the United States release CPI numbers running twice as hot as anticipated, it looked like things were going to get out of hand.
The AUD/USD plunged initially during the trading session as we have seen a lot of volatility in the currency markets overall.
The EUR/USD initially fell during trading on Thursday as the downtrend continued.