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 August 30, 2016 here.
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Get the EUR/USD Forex signal for August 30, 2016 here.
The British pound fell again during the course of the session on Monday overall, including the Swiss franc.
The Euro bounced during the day after initially falling on Monday. The British pound did fall during the course of the session on Monday, and with that being the case, it looks as if we are going to reach down to the 1.30 level where we see quite a bit of support.
The USD/JPY pair initially rallied during the course of the session on Monday, but then turned right back around to form a shooting star. The Australian dollar initially fell but then turned right back around to form a bullish candle.
The S&P 500 rallied during the course of the session here on Monday, as we continue to go sideways overall. The NASDAQ 100 rally during the course of the session on Monday, as we continue to test around the 4800 level.
The WTI Crude Oil market fell slightly during the course of the session on Monday, as we continue to see quite a bit of volatility. The natural gas markets gapped higher at the open on Monday, slamming into the $2.90 level.
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Gold edged higher on Monday as the dollar pared its recent gains on doubts the Federal Reserve would hike rates at its next meeting.
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