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
The NASDAQ 100 has gone back and forth during the trading session on Tuesday as we continue to see a lot of money being thrown into the marketplace overall.
The US dollar has fallen a bit during the trading session on Tuesday against the Japanese yen, as we continue to see a lot of noise.
The S&P 500 pulled back initially during the trading session on Tuesday but gained a bit more than some of the other bigger ones that I follow, most specifically the NASDAQ 100.
Top Forex Brokers
The British pound has rallied significantly during the training session on Tuesday, reaching towards the highs from last week, but failed to break above there.
Gold markets shot higher again during the trading session on Tuesday, gapping to the upside right away, pulling back to fill that gap, and then shooting straight up into the air again.
The West Texas Intermediate Crude Oil market rose during the trading session on Tuesday but gave back quite a bit of the gains to turnaround and form a bit of a shooting star.
The silver market gapped higher to kick off the trading session on Tuesday then pulled back a bit to fill the gap and go below there.
The US dollar has dropped a bit against the Mexican peso during the trading session on Tuesday as we continue to bounce around in the same rectangle.
The positive results of the economic releases received from the Eurozone continue to stimulate the EUR/USD price to hold onto its gains around and above the 1.1800 resistance, which supports stronger control of the bulls and paves the way for a test of the 1.2000 psychological resistance.
Bonuses & Promotions
For the first time in the history of gold prices, it has reached $2000.
GBP/USD bearish correction attempts succeeded for a short time in breaching the 1.3000 support down to the 1.2980 level.
The US dollar's gains did not last long, as after the positive start for the USD/JPY this week pushing it towards the 106.47 resistance, the American currency did not find enough motivation to complete that attempt.
Subscribe
Sign up to get the latest market updates and free signals directly to your inbox.
The past five trading sessions shows the EUR/CHF is nearly within the center of its range.
Since the 22nd of July, the USD/BRL has experienced a bullish trend higher and made short term resistance look vulnerable.
The choppy trading of the USD/INR reflects mixed sentiment in the forex markets, but it also suggests that current values may be within ranges that will fluctuate with polite movements.