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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Forex Technical Analysis
GBPUSD: Bearish on No Deal Brexit Prospect
EURUSD: Bearish below 1.1225
The Euro initially tried to rally a bit during the trading session on Friday, but then broke down rather significantly.
The US dollar has gone back and forth several days in a row against the Mexican peso, as we have had a lot of different things going back and forth showing both bullish and bearish convergence
The S&P 500 initially fell at the open but found enough support underneath the turn around and rally again.
The US dollar initially pulled back during the trading session on Friday as we have seen over the last three days, but also as we have seen over the past three days, the buyers came in and push the market towards the ¥108.50 level.
The WTI Crude Oil market was somewhat sideways during the trading session on Friday, which is interesting considering just how much is going on in the world that could influence price.
Gold markets surged higher to kick off the Friday session after initially dipping just slightly at the open.
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The Euro initially tried to rally during the trading session on Thursday, but then rolled over a bit.
The bitcoin markets rallied a bit during the trading session on Thursday as we continue to grind higher.
The US dollar fell during most of the trading session on Thursday against the Japanese yen, filling the gap from the beginning of the week.
The S&P 500 initially fell during trading on Thursday but found enough support underneath the turn around and form a reasonably bullish candle stick.