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/JPY Forex Signal for November 23, 2016 here.
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Get the GBP/USD Forex Signal for November 23, 2016 here.
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The Euro continues to bounce around the 1.06 level, and of course the Tuesday session wasn’t any different. The British pound drifted a little bit lower during the day as the 1.25 level continues to offer quite a bit of resistance.
The US dollar initially fell during the day on Tuesday but found enough support to turn around and form a little bit of a hammer. The Australian dollar rallied during the day on Tuesday but is starting to run into a little bit of trouble near the 0.74 handle.
The WTI Crude Oil market had a wild ride on Tuesday as we went back and forth, testing several areas. Natural gas markets were very active during the day on Tuesday as we tested the $3 level.
The S&P 500 rallied on Tuesday as we continue to break higher. The NASDAQ 100 rallied slightly at the open on Tuesday, and essentially sat there afterwards.
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Get the NZD/USD Forex signal for November 22, 2016 here.
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