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 November 9, 2016 here.
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Get the EUR/USD Forex signal for November 9, 2016 here.
The EUR/USD pair drifted a little bit lower during the day on Tuesday, but we still have to deal with the 1.10 level below as massive support. The GBP/USD pair did almost nothing during the day on Tuesday as we have no interest whatsoever in moving during the election.
The WTI Crude Oil market went back and forth on Tuesday as we continue to see quite a bit of volatility. Natural gas markets had an extraordinarily bearish session on Tuesday, as we have sliced through the $2.65 level, which of course is a very bad sign.
The USD/JPY pair continues to do very little during the day on Tuesday as we have just broken above the 105 level. The AUD/USD pair initially fell during the course of the day on Tuesday, but then turned right back around to break above the 0.7750 level.
The S&P 500 had a very volatile session during the day on Tuesday, as the presidential elections obviously took center stage. The NASDAQ 100 had a slightly positive session on Tuesday, but again, just as with the S&P 500 I feel that it’s almost impossible to place any type of trade until we get the election results.
Get the NZD/USD Forex Signal for November 8, 2016 here.
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