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 S&P 500 had a very volatile session during the day on Wednesday, as we initially fell and then shot higher. The NASDAQ 100 went back and forth during the course of the session as well, but as you can see we are trying to find enough momentum to go higher, as the 5000 level is by far my longer-term target anyway.
The WTI Crude Oil market initially fell during the day on Wednesday, but turned right back around to form a massive positive candle. The natural gas markets went back and forth during the course of the session on Wednesday, but ultimately ended up forming a hammer.
During the day on Wednesday, the copper markets rallied rather stringently as we bounced off of the 200-day exponential moving average.
Top Forex Brokers
Get the NZD/USD Forex signal for September 28, 2016 here.
Get the AUD/USD Forex signal for September 28, 2016 here.
Get the USD/JPY Forex signal for September 28, 2016 here.
Get the USD/CAD Forex signal
Get the USD/CHF Forex signal for September 28, 2016 here.
Get the GBP/USD Forex signal for September 28, 2016 here.
Bonuses & Promotions
Get the EUR/USD Forex signal for September 28, 2016 here.
The GBP/CAD pair is an interesting pair at the moment. We continue to see bearish pressure early in the day, but then will turn right back around to show bullish pressure after that.
The EUR/USD pair fell rather significantly during the course of the day on Tuesday, testing the 1.12 level. The British pound went back and forth during the course of the session on Tuesday, showing a fairly neutral candle.
Subscribe
Sign up to get the latest market updates and free signals directly to your inbox.The S&P 500 had a slightly positive session during the day on Tuesday, but did get back a little bit of the gains. Unlike the S&P 500, I am a bit more bullish when it comes to the NASDAQ 100 and have been for some time.
The WTI Crude Oil market fell significantly during the course of the session on Tuesday, forming a very bearish looking candle. Natural gas markets fell during the course of the day on Tuesday, breaking down below the $3 level again.
The USD/JPY pair initially tried to rally during the day on Tuesday but ended up falling all the way down to the 100 region. The Australian dollar rally during the day after initially falling on Tuesday, but as you can see gave up quite a bit of momentum once we got to the 0.77 handle.