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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Get the USD/CAD Forex signal for January 11, 2017 here.
Get the USD/CHF Forex signal for January 11, 2017 here.
Get the GBP/USD Forex signal for January 11, 2017 here.
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Get the EUR/USD Forex signal for January 11, 2017 here.
The Euro initially rallied on Tuesday but found enough resistance just above the 1.06 level to turn things around and start selling off again. The GBP/USD pair initially fell on Tuesday, but found enough support underneath at the 1.21 level underneath to form a hammer.
The S&P 500 rallied on Tuesday, as we found plenty of support just underneath. The NASDAQ 100 broke out to the upside on Tuesday, showing signs of significant strength.
The WTI Crude Oil market initially tried to rally during the day on Tuesday, showing signs of exhaustion soon after. Natural gas markets continue to show signs of volatility as we bounced significantly during the day on Tuesday, reaching above the $3.25 level.
The USD/JPY pair went back and forth on Tuesday, testing the 115 level for support. The AUD/USD pair went back and forth, showing signs of choppiness and indecision.
Gold prices rose $6.13 an ounce on Tuesday to settle at their highest level in six weeks, buoyed by an easing U.S. dollar and physical buying in Asia.
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Check out the NZD/USD Forex signal for January 10, 2017 here.
Get the AUD/USD Forex signal for January 10, 2017 here.
Get the USD/JPY Forex signal for January 10, 2017 here.
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